Retail Trends 2018

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Court probes 'unsecured credit' by Capfin

Steinhoff International's troubles continue to mount. On Thursday, the Cape High Court began to interrogate the controversial lending practices of Capfin, which provided unsecured credit to customers of Pepkor and Ackermans...

By Ann Crotty 16 Feb 2018

SA's Airbuy launches e-commerce payment gateway

South African startup Airbuy has rolled out its alternative payment gateway that allows e-commerce sites to accept payments without their customers exposing their banking details...

By Tom Jackson 25 Jan 2018

Whitey stands by Christo Wiese

Former Shoprite Holdings CEO Whitey Basson says he vouches for the honesty of his friend and fellow Shoprite shareholder of many years, former Steinhoff chairman Christo Wiese...

By Mark Allix 17 Jan 2018

10 lessons from a successful crowdfunding campaign

After about 45 days of extreme effort, intense co-ordinating, crazy ideas and good luck, we managed to complete the most successful rewards-based crowdfunding campaign in South Africa to date with Sugarbird Gin...

By Rob Heyns 16 Jan 2018

#BizTrends2018: Cross border trade set to grow e-commerce in SA

More and more, consumers in sub-Saharan Africa are looking beyond their borders to get the products and services they need...

By Efi Dahan 12 Jan 2018

NRD Capital acquires Mike's Kitchen restaurant chain

NRD Capital, a US-based private equity firm that specialises in franchise investments, has cemented its entry into the African market with its acquisition of Mike's Kitchen...

10 Jan 2018

Barriers to finance a hindrance for retail SMMEs

Small, medium and micro enterprises (SMMEs) contribute significantly to South Africa's GDP (estimated between 30% and 57%), and provide employment to between 61% and 80% of the country's workforce...

4 Jan 2018

#BizTrends2018: Enhancing the customer experience

In South Africa, technology implementation is largely reactive - we're a nation of cautious adopters - yet there are many innovations likely to gain a stronger foothold in 2018 in the financial sector...

By Wynand Smit 3 Jan 2018

Moody's slashes Steinhoff credit rating

Credit ratings agency Moody's downgraded debt held by embattled South Africa-based home retail giant Steinhoff on Thursday and warned of further downgrades...

29 Dec 2017

Cautious consumer spending ahead of SA festive season - report

According to the Mastercard SpendingPulse October 2017 report, South African consumer spending showed a modest uptick in October this year...

22 Dec 2017

How to give more for less this festive season

The festive season is a time for giving, but financially it can be straining if you spend recklessly. It's easy to feel overwhelmed by the pressure to spend money you don't have on making it a memorable holiday for your loved ones...

Issued by OLX 20 Dec 2017

#BestofBiz 2017: Retail

We've compiled our annual #BestofBiz 2017 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...

15 Dec 2017

Cash payments still rule informal trade

According to Mastercard research, around 96% of transactions are still conducted in cash among South Africa's 1.5 million informal enterprises...

14 Dec 2017

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Ryan Reynolds purchases stake in Aviation Gin, now available in SA

Actor, writer and producer Ryan Reynolds has acquired an ownership interest in American craft gin company Aviation Gin after tasting it for the first time. He announced the acquisition in an Instagram post this week that read "I own nothing in this photo. Except that gin company. @aviationgin".

2 days ago

#DesignIndaba2018: The next generation of fashion is biology

New York-based Fashion Institute of Technology (FIT) graduate and biomaterials research company AlgiKnit co-founder and COO Aleksandra Gosiewski gave a thought-provoking presentation at Design Indaba on Wednesday on why they, at AlgiKnit, believe that biology is the future of fashion and their revolutionary work in their search for a sustainable product.

By Jessica Tennant 2 days ago

Gucci models carry replicas of heads at Milan Fashion Week

MILAN, Italy - Gucci kicked off Milan Fashion Week in typical eccentric style on Wednesday as models carried replicas of their own heads on a runway transformed into a creepy operating room.

2 days ago

Bidcorp reaps most of its profits from Australia and New Zealand

Bid Corporation (Bidcorp) earns most of its revenue in Europe, but most of its profit from Australia and New Zealand.

By Robert Laing 3 days ago

Walmart shares dive as e-commerce growth slows

NEW YORK, US - Investors pummeled Walmart shares on Tuesday after the retail behemoth reported disappointing fourth-quarter earnings in results that revealed growing pains in its e-commerce buildout.

21 Feb 2018

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