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Takealot of Kalahari... An email landed in my inbox last week that had me checking my calendar to make sure it wasn't April Fool's Day: South Africa's top two favourite online shopping sites, Kalahari.com and Takealot are merging. Long considered each other's biggest rivals in the e-tail sphere, both have decided to cut their losses, shake hands and form a single e-commerce giant. In the shock announcement, the two companies admitted to having run at a loss for years. The deal will see Kalahari.com's parent company, Naspers, buy shares from Tiger Global Management, which recently invested US$100 million in Takealot.com, and Kalahari will be absorbed into the Takealot brand. The merger is, however, subject to approval of the Competition Commission, and many questions have been raised as to how good the deal is for the local e-commerce space. In the meantime, it will be business as usual for both companies, especially with the festive season coming up. And speaking of online Christmas shopping, please be careful and shop safely this season. Have a great week! Shan Radcliffe, Group Head - Retail (@Biz_Retail)
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Richard Keymer As with other types of crime, incidences of banking card fraud tend to increase over the festive season. While there is ongoing coverage in the media of the various scams taking place... Read more >> | Fatima Sullivan E-commerce is expanding faster in the developing world, driven by the rapid penetration of smart phones. Coupled with Africa's above-average economic growth, this presents unprecedented retail opportunities... Read more >> | |
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 | As the first brand ambassador for Joop! Homme, Maps Maponyane, steps down after his year's reign, the brand is seeking a new ambassador to represent the image of the brand. read more>> | | |
 | Liberty Holdings and Excellerate Holdings have announced a new property management services company, in which JHI, a subsidiary of Excellerate, will own 51% and Liberty 49%. read more>> | |  |
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 | Alistair Anderson The plan by Growthpoint‚ the JSE's largest property group by market value‚ to buy Acucap Properties‚ is on track‚ with the companies announcing that takeover talks were at an advanced stage. read more>> | |  | South African retailers looking to expand into Africa need to understand the consumer market because the copy and paste of what works in South Africa does not work in other African countries. read more>> | | |
 | Small businesses do have a growing appetite to be more energy efficient largely driven by the obvious and significant benefits to keeping the cost of doing business down, as well as ensuring the sustainability of the business for years to come. read more>> | | |
 | Global Holdings Botswana, part of Imperial, has purchased a controlling interest in Fine Pharmaceuticals, a Botswana based pharmaceutical wholesaler. read more>> | |  | A new Android App for the logistics industry, LastMile, ensure that route plans are executed correctly, after drivers leave the distribution centres. read more>> | |  | Fleet management company Super Group says it has bought the UK's second-largest Ford motor dealer‚ Allen Ford‚ for R606m. read more>> | | |
 | Ramon Pereira and Christopher Tucker In most instances consumers are supplied with electricity either by a municipality or Eskom. However, in some instances the consumer may be supplied by a private third party 'middle man', who purchases electricity from either a municipality/Eskom and then re-sells it to a consumer. read more>> | | |  | SAN FRANCISCO, USA: A huge trove of evidently intercepted Snapchat images and videos were exposed online last week, raising fears about what may be revealed in messages intended to vanish seconds after being viewed. read more>> | |  | WASHINGTON, USA: Microsoft chief executive Satya Nadella's gaffe over women, pay raises comes as the US technology sector is facing up to questions over diversity and gender equality. read more>> | | | More International | |
|  | Mzilikazi Wa Africa, Piet Rampedi Former special forces operative Mike Peega's dossier claiming that the South African Revenue Service (SARS) ran a rogue unit targeting politicians and businessmen close to President Jacob Zuma in 2007 was easily discredited at the time. read more>> | |  | More Matshediso The Liberian Ambassador to South Africa, Lois Brutus, says various non-governmental organisations and governments from all over the world have been supporting efforts to fight the diseases since Ebola Virus Disease (EVD) broke out in West Africa. read more>> | |  | Nthambeleni Gabara More than 70 observers from the Southern African Development Community (SADC) Electoral Observer Mission (SEOM) will assess the October 24 general elections in Botswana, says International Relations and Cooperation Minister Maite Nkoana-Mashabane. read more>> | |  | Ekurhuleni residents will soon be able to walk into major malls around the city and pay for or view their municipal services accounts while at the mall. read more>> | | | More Government news | |
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| | | Gauteng Outdoor ExpoOutdoor Events and Exhibition Organisers - 29 May 2015 to 31 May 2015 Johannesburg | | | | |
| Ifeanyi Enoch Onuoha "Always give your best; today's great work is tomorrow's benchmark." |
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