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
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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
Fees paid to nonexecutive directors at JSE-listed companies have increased moderately, auditing firm PwC said on Thursday. “The median chairperson fee across the entire JSE has risen by 7,1% to R422 000,” PwC’s Southern Africa human resources
Mobile gaming is expected to account for the lion’s share of growth in the South African videogame market in coming years, while PC gaming will stagnate and online gaming will fall behind growth globally due to South Africa’s comparatively costly and slow Internet access
South Africa’s online advertising industry can look forward to substantial growth in coming years thanks in part to cheaper smartphones and data. This is according to PwC’s latest annual “South African Entertainment and Media Outlook” report. Unsurprisingly
Although South Africa’s entertainment and media spending is expected to experience compound annual growth of 10,9% between now and 2017 – well above the global average of 5,6% – sales of physical books and music will remain flat at 0,4%, new research from PwC shows
It is not clear why the legal battle between Nkosana Makate, the man who claims he invented the “Please call me” service, and telecoms giant Vodacom has so captured the imagination of the South African public. Perhaps it is because of the classic David and Goliath proportions of the saga, or perhaps it is a
MTN South Africa said on Friday that it had been “vindicated” by the Johannesburg labour court, which had found “no merit” to claims by a former employee, Violet Magagane, that she was retrenched for exposing allged corruption at the cellphone network operator. Magagane had said she