Browsing: PwC

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

Nine in 10 bosses of telecommunications companies in South Africa are confident about their firms’ ability to grow revenues over the next three years, despite growing competitive pressures. This is a key finding of PricewaterhouseCoopers’ 17th annual global CEO survey, which was released this month. Collaboration is top

National treasury is moving ahead with plans to levy value-added tax on digital goods such as music downloads and digital books, with the controversial new rules set to come into effect on 1 April. Government this week published electronic services regulations for public comment. This follows

The cost of electronic readers and bandwidth constraints in South Africa are keeping a lid of the sale of e-books, resulting in penetration being lower here than in many other markets in Europe, the Middle East and Africa. This is a key finding in PwC’s recent report, South African