Less than 30% of African e-commerce startups are profitable, as ventures tackle issues such as lack of funding, shortage of trust and logistical difficulties...
Gabriella Mulligan 8 Dec 2017
Kamoso, a Botswana-based retailer and consumer goods company, was acquired by a consortium that includes Investec Asset Management Private Equity, RMB Ventures...
24 Oct 2017
Big brands shared the role of design in their business at Business of Design, with Adrian Morris, partner and MD at Design Partnership speaking of current the physical reboot trend responding to a changing landscape, while Brian Mtongana, head of design at Woolworths, honed in on the role of packaging in sales...
Leigh Andrews 16 Oct 2017
Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store are able to use the cryptocurrency as a payment method...
19 Sep 2017
Visa and MasterCard's distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion to $5 trillion...
30 Aug 2017
Youtap has launched a QR code solution and smartphone apps for mobile money services in Africa and Asia...
21 Aug 2017
At the recent annual Banker Africa - Southern Africa Awards 2017, FNB was selected as the Best Retail Bank in Southern Africa...
18 Apr 2017
Sub-Saharan African consumers see the value of new payment solutions and are demanding more innovative ways to pay, MasterCard has disclosed at Retail Congress Africa in Cape Town...
3 Nov 2015
NEW YORK - Shares in PayPal jumped on Monday in the first day after being spun off by eBay, with the online payments group seeing a market value higher than its former parent...
21 Jul 2015
The influx of mobile phone has enhanced ease of access across the world - no more so than in Africa...
17 Apr 2015
M-Pesa, the mobile-phone wallet has provided new financial options to places where banks and credit cards are scarce and cash has long been king...
26 Jan 2015
Sun International says it will sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co (Mint) for R664m.
19 Aug 2014
South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.
13 Aug 2014
South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.
12 Jun 2014
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over.
Mark Allix 2 Jun 2014
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
8 May 2014
HARARE, ZIMBABWE: Angry depositors forced their way into a banking hall and attacked a manager in the Zimbabwean capital after the bank ran out of cash, witnesses said.
18 Dec 2013
The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.
Joan Muller 5 Oct 2013
Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.
Gillian Jones 11 Sep 2013