Last year may have been a difficult year for retail in Africa but consumers still came in droves to Shoprite, which reported double-digit sales growth on the continent in the six months to December…
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Here are some of the key findings of The 2017 Global Online Consumer report by KPMG...
CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
14 Jun 2011
A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed.
Herman Manson: @marklives 12 May 2011
CAIRO: Workers at Egypt's largest factory have suspended a strike in support of the revolt that toppled strongman Hosni Mubarak but will continue to press for higher wages, they told AFP on Sunday (13 February 2011).
15 Feb 2011
CAIRO: The Egyptian Central Bank announced on Monday, 31 January 2011, that it would be closed for a third day on Tuesday amid unrest in the country.
1 Feb 2011
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011
So what we can expect to see in 2011? The industry is always changing and new trends are constantly developing and therefore it is crucial to keep the following top of mind.
Adene van der Walt 18 Jan 2011
The recent global recession has changed our world forever. In a new digital age, characterised by oversupply and too many product types in almost every market, the challenge for companies will be to locate and capture pools of high-profit demand and be able to move with speed and flexibility to take advantage of them. Here are 11 trends for 2011.
Gisele Wertheim Aymes 18 Jan 2011
If 2010 could be summed up as soccer, vuvuzelas and national pride, 2011 will be all about the hard work of restoring the economy to sustainable growth, paying attention to environmental concerns and mastering the technologies that are changing the world. Here are a few trends to watch in 2011.
Janice Spark 17 Jan 2011
I am a good example of a connected, discerning customer who already has done most of his research even before entering a store and I usually shop around looking for the best deals from different vendors. Therefore, I was armed with all the information I needed and I knew the different offerings from the two major outlets selling the new Apple iMac. I was setting the outlets up for a bit of healthy competition by visiting both just before making my decision where to lay down my credit card.
Daniel Silke 29 Dec 2010
ZURICH, SWITZERLAND: World football's governing body FIFA said on Thursday, 23 December 2010, that it feared the financial impact of the collapse of its main product licensing agent, Singapore-based Global Brands Group (GBG).
24 Dec 2010
CAIRO: Egypt has launched a national project to protect its population from vitamin deficiencies, with production beginning this week of vitamin-enriched vegetable oil. The project is in partnership with the United Nations World Food Programme (WFP) and the Global Alliance for Improved Nutrition (GAIN).
5 Nov 2010
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010
The United Kingdom's minister for Africa pledged on Monday (26 July 2010) to increase bilateral trade with Sudan during his first official visit to the country.
29 Jul 2010
Yara International ASA, one of the world's leading chemical companies that convert energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers, has won the 'Best Global Business in Africa' award. Other nominees were BMW, Barclays, Anglo American and Diageo.
23 Jun 2010
KARTHOUM: The US government, acting through the United States Agency for International Development (USAID), on Tuesday, 19 May 2010, launched a new agricultural program in partnership with the Sudan government.
18 May 2010
The eruption of Iceland's Eyjafjallajökull volcano had a massive impact on many spheres - from the airlines, to events, to travel, to health, import and exports, and more, and its impact is likely to be felt for a long time - and that's even should the eruption cease completely - which it hasn't!
Rod Baker 29 Apr 2010
The 2010 FIFA World Cup is slowly but surely edging closer to a full stadium syndrome, with 2.2 million tickets sold so far. The remaining 500 000 tickets will go on sale on 15 April 2010 during the last ticket sale phase, which includes over-the-counter sales at designated FIFA ticketing centres nationwide, the organisers announced today, Friday, 9 April.
Issa Sikiti da Silva 9 Apr 2010
MUSCAT: The Autumn Trade Fair (ATF) in Oman will take place from 24 March to 2 April 2010 at the Oman International Exhibition Centre. ATF 2010 currently has over 400 confirmed exhibitors from countries including Pakistan, Syria, UAE, Egypt, Yemen, Kuwait and Malaysia.
3 Feb 2010
FIFA has agreed to create a new participating member associations (PMAs) sales phase between 9 February and 7 April 2010, it announced on Friday, 15 January 2010. Only one such phase had previously been planned, which closed on 13 January 2010.
18 Jan 2010
ROME: Libya and the FAO plan to work closely together over the next five years to strengthen food security and sustainable development in the country.
23 Nov 2009
CAIRO: A new report released by the World Bank's Middle East and North Africa (MNA) region, From Privilege to Competition: Unlocking private-led growth in the Middle East and North Africa, has found that the private sector is not yet generating enough jobs and sustaining higher growth in the region.
9 Nov 2009
Water scarcity left 1.4 billion people living in “closed basin” regions in 2008, though that number is expected to grow to 1.8 billion by 2025, according to Worldwatch Institute, an independent research organisation that focuses on global sustainability issues.
Amy Lieberman 20 Aug 2009
NIAMEY: Low rainfall has disrupted the planting season throughout Niger as farmers who sowed seeds in May are forced to replant when their first crops died, according to the national association of farmers.
17 Jul 2009
The annual Makhulu Polane t-shirt design competition is open for entries from Thursday, 16 July 2009. This local initiative was started by Big Blue in 2006 in a quest to discover and support fresh home-grown talent.
15 Jul 2009