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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 >> | Ahead of its annual conference in the US in November 2014, MEF, the global community for mobile content and commerce has released a sneak peek at the findings of its 4th annual Global Consumer Survey. Read more >> | Yaron Assabi When the Internet of Things (IoT) meets the consumer space, retailers will need to rethink the traditional retail store, because connected consumers will grow to expect similar experiences while shopping. Read more >> | James White Managing customer relationships is something that many businesses struggle with and can be a hindrance to long-term success... Read more >> | Craig Perry Just as in good concerts, retail stores, restaurants, banks, hotels and the like can create memorable experiences by exciting the senses of their audience: their customers. Read more >> | Dr Peter Mukoma Energy is a key cost driver in the retail sector, therefore measurement, monitoring and management of energy is crucial in laying the foundation to energy efficient behaviour... Read more >> | Five international qualifications from the International Council of Shopping Centres (ICSC), across various fields for the shopping centre industry, will now be accessible in South Africa and recognised worldwide. Read more >> | Property owners, represented by the South African Property Owners Association (SAPOA), have officially asked the Competition Commission to make definitive ruling on the anti-competitive effects of exclusivity clauses. Read more >> | Organiser and leading fashion authority, African Fashion International (AFI) has unveiled an extraordinary line-up of sartorial talent for the Mercedes-Benz Fashion Week Africa 2014. Read more >> | Truworths International (TRU) has proposed to buy clothing company Earthchild Clothing for an undisclosed cash amount‚ Truworths said in a statement on Tuesday, 7 October 2014. Read more >> | Proving persistence pays, Koos van Dyk (55) from Polokwane won the sought after 2014 Boerewors Champion title with his tenth entry. Read more >> | Exceeding last year's turnover by 42%, the 2014 Nedbank Cape Winemakers Guild Auction reached a record R11,929,600 in sales... Read more >> | Two of South Africa's leading online shopping sites, Kalahari.com and Takealot.com today announced that they are merging their operations... Read more >> |
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 | Evan Pickworth African Bank's (ABL) acting Chief Executive Nithia Nalliah has received approval from the board of the embattled unsecured lender‚ which is currently under curatorship‚ to retire early. read more>> | | |
 | Zeenat Moorad The last six months has seen Taste Holdings (TAS) embark on its ambitious five-year growth plan‚ first with the acquisition of Zebro's Chicken and then securing the franchise rights for Domino's Pizza‚ the world's largest pizza delivery chain. read more>> | |  | The latest Mxit Brand Index has been released, revealing the Top 40 South African brands on Mxit on 30 September 2014... 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>> | |  | 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>> | | Alistair Anderson | | | | | | |
 | As part of the Santa Shoe Box campaign, this year for the first time Good Hope FM is bringing the shoe box to life by hosting a 'Little Elves Pop-Up Shop' at the Canal Walk shopping centre in Cape Town from 3-26 October 2014. read more>> | | |
 | An e-commerce partnership between PayU and Efinity, from Media24 eCommerce, was announced at the Retail Indaba in Cape Town yesterday, 9 October 2014. read more>> | |  | Mike Saunders Our access to information has never been better, which has certainly empowered the consumer, but at the same time has also effectively rendered them more indecisiveness than ever before... read more>> | | |
 | Issued by Consumer Goods Council of South Africa To support and encourage SMMEs and emerging businesses to tap into the multi-billion rand consumer goods industry, the CGCSA has announced special packages for small businesses wanting to attend its annual summit... read more>> | | | | |
 | PARIS, FRANCE: British designer John Galliano is to relaunch his shattered career by taking over as creative director of French fashion house Maison Martin Margiela, the label said earlier this week, three years after he was sacked by Dior over a drunken anti-Semitic tirade in a Paris bar. read more>> | | |
 | Sir Fruit has launched a new berry juice just in time for summer and has built a berry detonator so people of all ages can join in the fun and burst some berries to create their very own berry art. read more>> | | | | |
 | Sindy Peters Ke nako (It's time) was the buzz phrase top of mind during the months preceding the 2010 FIFA World Cup. In 2014 this phrase once again rings true, but for a new zeitgeist: it's time for business to get on the green wave. read more>> | |  | Issued by Nampak Nampak's new energy-efficient glass furnace was officially opened in Roodekop, Gauteng, by South Africa's Minister of Trade and Industry, Dr Rob Davies, and Nampak's CEO, André de Ruyter. read more>> | | | | |
 | Issued by Rentokil Initial Inviting Capetonians to submit their hands to a hand hygiene challenge is part of Rentokil Initial's backing for Global Handwashing Day on Wednesday, 15 October... read more>> | | |
 | This year's McCain Tribute to Good Taste winners are Kirstin Hellemann, Chef de Partie at the Mount Nelson and Pretoria-based Gontse Meyane in the Professional Chef and Top Student categories respectively. read more>> | | |
 | Global Holdings Botswana, part of Imperial, has purchased a controlling interest in Fine Pharmaceuticals, a Botswana based pharmaceutical wholesaler. read more>> | | | | | | |
 | Claire Bisseker Dismal data‚ showing that both mining and manufacturing output contracted on an annual basis in August‚ highlight the continued vulnerability of SA's productive sectors. read more>> | | | | Fifi Peters | | | | |
 | 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>> | | |
 | On the last Biz Takeouts Marketing and Media Radio show, host Warren Harding spoke to Fred Robertson, named Southern Africa's Entrepreneur of the Year... read more>> | |  | Robyn Hazekamp Marketing is absolutely essential for any business to achieve real success and stay relevant, but a traditional marketing campaign can be costly for a small company... read more>> | | |
 | WiGroup has made its mobile transacting platform provider product offering available to all SMEs, enabling them to run any kind of mobile payment, loyalty, reward or couponing app at their till point... read more>> | | |
 | N2IceCream, South Africa's first liquid nitrogen-cooled ice cream store has opened its doors in Parklands Cape Town. It is offering vanilla, chocolate and strawberry, plus one guest flavour per month/week. Customers are then able to choose from 10 toppings to add to the flavour. read more>> | | |  | PARIS, FRANCE: The US Apple and Google brands which have become household names around the world are worth more than $100bn each, and top a ranking of the world's biggest brands, consultancy Interbrand said. read more>> | |  | FRANKFURT, GERMANY: Germany's book publishers are ready to face down competition from online retailer Amazon as the retailer is probed by the European Union of its tax deals, pricing disputes and market dominance. read more>> | |  | BRUSSELS, BELGIUM: The European Union has snagged Amazon as the authorities widen their probe into sweetheart tax deals for major multinationals, saying these are unfair to competitors and taxpayers. read more>> | |  | NEW YORK, USA: Hewlett-Packard said it would split into two separate, listed companies with its computer and printer businesses in one company and its corporate hardware and services operations in another. read more>> | |  | SAN FRANCISCO, USA: Bidding for a rare prototype of Apple's new-generation iPhone 6 neared a whopping $100,000 on eBay, after the device appeared to have accidentally landed in a buyer's hands. read more>> | | | | | | | | | | | | | | | | | | | | | More International | |
|  | 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>> | |  | The Gauteng Provincial Government will commission a baseline study on the township economy to understand its size, spread and strength as well as innovative ways of measuring its social and economic importance. read more>> | |  | The Gauteng government will invest more than R1bn to build and improve infrastructure for township economies in the next five years, says Premier David Makhura. read more>> | |  | The Dube TradePort in Durban is an Industrial Development Zone (IDZ), joining three other similar economic zones spread out across the country. read more>> | |  | South Africa's Ambassador to Italy, Nomatemba Tambo, says local businesses are benefiting from bilateral trade agreements between the two countries. read more>> | | Mzilikazi Wa Africa, Piet Rampedi | | More Matshediso | | Nthambeleni Gabara | | | | | | | | | | | | | | | | | | | | | More Government news | |
|  | Henrie Geyser: motoring editor Honda has just launched its latest seven-seater Mobilio in South Africa in two specification levels and powered by the same 1.5-litre i-VTEC engine that is already doing duty in the Honda Ballade. read more>> | |  | Henrie Geyser: motoring editor New engines and transmissions and a whole spectrum of added fancy features, including an eye-catching new R-Design interior and body trim, are signature features of the latest Volvo XC60 range. read more>> | | | More Motoring news | |
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| | | Gauteng Outdoor ExpoOutdoor Events and Exhibition Organisers - 29 May 2015 to 31 May 2015 Johannesburg | |  Ancient mysteries, Altered states and The War on Consciousness! This October Graham Hancock will be presenting full day seminars in Johannesburg and Cape Town, South Africa! Read more >> | | |
| Ifeanyi Enoch Onuoha "Always give your best; today's great work is tomorrow's benchmark." Ifeanyi Enoch Onuoha "People can easily forget how fast you did your work, but can hardly forget how well you did it." Neil Strauss "True endurance, I think, comes from the inside. It comes from motivation and belief in what you're doing." Lailah Gifty Akita "Do not worry about who gets the credit or praise of the work done. Continue work, to give your best. Your reward may come unexpected." Ellen J. Barrier "Believe that you are the best at what you do. And work hard on your abilities, to make it true." |
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