International companies that supplied content to South Africa via online streaming or subscription services should pay their fair share of tax, PwC said on Tuesday. Such multinational companies
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The rapid growth of the digital economy has meant that tax laws in South Africa, and worldwide, have not been able to keep pace. Nevermind online purchases – the problem is figuring out how to tax services companies such as Facebook and Google
Digital natives, people between the ages of 18 and 24 who grew up with the Internet, interact more with retailers via social media than anyone else, according to a PwC survey released on Tuesday. Digital natives would be important in how shopping changed, both in-store
South Africans still prefer physical shops as opposed to buying goods online, according to a PwC survey released on Tuesday. In 2014, the value of online retail sales in South Africa was R5,3bn, retail
It’s unlikely that online gambling in South Africa will take off for the foreseeable future as the department of trade and industry, which is responsible for the sector, is stalling over the licensing of Internet-based operators, according
Six hundred media workers lost their jobs in South Africa in the past 12 months. Those remaining are working at organisations that are struggling to survive in a world where print is losing circulation and online earnings are not filling the
The local newspaper market showed growth of more than 6% last year, buoyed by big stories like Nelson Mandela’s death and Oscar Pistorius’s murder trial. This is according to PricewaterhouseCoopers’ “Entertainment and
Nearly three in four mobile phone users in South Africa will access the Internet using their devices by the end of 2018, according to new research by PricewaterhouseCoopers (PwC). The consulting firm reckons that 72% of mobile phone users
Increased Internet access will generate more consumer spend than any other media service over the next five years in the South African entertainment and media industry, according to a new report released this week. Auditing firm PricewaterhouseCoopers, in its “South African
Big companies are splashing unprecedented amounts of cash into e-retail in South Africa, with the likes of online merchandiser Takealot.com recently raising R1bn of investment for expansion in the country and sub-Saharan Africa, and Naspers ploughing R5,6bn into e-commerce around the globe