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Revolutions and metamorphismsThis year, mobile wallets are set to spearhead online payments across Africa. NFC World reports that Tencent launched WeChat mobile wallet in South Africa just a few weeks ago, and we already have reports on Nedbank's digital payment solution, as well as the PayU e-commerce wallet. Moreover, VentureBeat has confirmed that the BlackBerry BBM mobile wallet is active in Nigeria. With over 60% of Nigerians now using the internet, mobile in particular is becoming the preferred online platform for convenient sales, transactions and marketing. Jovago.com lists four considerations before venturing into e-commerce in the local marketplace. Last month, Botswana-based retailer Choppies confirmed its application to acquire 21 Jwayelani stores in KwaZulu-Natal and the Eastern Cape. Naseem Javed, corporate philosopher and founder of the Image Supremacy Movement, comments on the 'economical metamorphisms' or major disruptions taking place during the build-up to 2020, zoning in on the beneficiaries, enemies and adjustments of each. Happy 2016! Jessica Taylor, Retail Editor (@Biz_Retail)
Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news". | Weekly top stories |
| | [NEWSWATCH]: With a mobile wallet solution finally in the wings for the UAE, many are surprised that the technology's already in play in Africa... read
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Nkem Ndem V For many business owners in Nigeria, e-commerce is still an enigma. However, with over 60% of people in the country now using the internet, it has become a valuable tool and popular platform... Read | Naseem Javed All over the world, mega organisation, institutions and government agencies are immersed in tackling the economical chaos. Unsolved mysteries must now be unraveled... Read | Marc Hasenfuss Botswana-based retailer Choppies Enterprises is extending its South African footprint with the proposed acquisition of retail outlets owned by niche supermarket group Jwayelani... Read |
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| Sustainable Brands has expanded its global conference network to Cape Town, South Africa with SB'16 Cape Town scheduled for 14-17 May 2016 at City Hall... read | | |
| FRANKFURT - German sportswear and equipment giant Adidas expects costs to increase sharply next year as a result of the strong dollar, its chief financial officer said in a newspaper interview on Thursday. read | | |
| World-renowned jeweller and watch-maker, Cartier, will sponsor the L'Ormarins Queen's Plate in 2016... read | | | Two Edcon nonexecutive directors resigned on Wednesday. They are former Absa deputy CEO Louis von Zeuner, who was appointed the designate chair of African Bank's "good bank" in March, and Coal of Africa CEO David Brown... read | | |
| Reports* on worldwide online consumer and e-commerce trends have shown a 20 percent increase in online sales in 2014, amounting to $1.5tr... read | | |
| Like consumers around the globe, Indians are flocking to the online marketplace in droves... read | | | Local e-tailer OneDayOnly, known for offering exclusive, limited edition deals, has repeated its 'never-to-be-repeated' deals... read | | | Duncan Alfreds South Africans are increasingly adopting online shopping as the Christmas rush puts pressure on retailers to generate a healthy bottom line in a tough economic environment... read | | |
| HANOI - Hundreds of workers at a Hong Kong-owned garment factory in Vietnam which makes lingerie for labels like Victoria's Secret and Wacoal have been hospitalised with food-poisoning... read | | | The Southern African Clothing and Textile Workers' Union (Sactwu) says the clothing, textile, footwear and leather manufacturing industry is entering a period of greater stability and higher levels of growth... read | | |
| Over and above the expected 'back to school' specials, Shoprite and Checkers are giving back through their educationally-minded initiatives of 'Class of 2016' and 'Feed a Child, Nourish a Mind'. Here's how... read | | | The highest ranked full service family restaurant, according to a survey conducted by the South African Customer Satisfaction Index (SAcsi), is Wimpy SA... read | | |
| SAN FRANCISCO - US online giant Amazon says it added three million customers to its Prime subscription service worldwide in the third week of December, as it capped a record holiday season... read | | |
| The 2015 Year-end Holiday Survey conducted by Deloitte has revealed that while 33% of consumers will be spending less money this festive season on holidays, furniture, entertainment and leisure than in 2014, 55% of South African consumers will still spend money to enjoy their holidays... read | | |
| IQturf Consulting Services, an analytics-driven solution provider, is rolling out a new data solution for Africa's 'emerging set': Kenya, Tanzania, Ghana and Nigeria... read | | |
| Duncan Alfreds Despite fears that the smartphone market is tanking, a research firm believes that the consumer market will show healthy growth as shoppers spend cash on tech during the holiday season... read | | | In December Ogilvy & Mather Cape Town, alongside South African Breweries, launched Carling Blue Label beer; SAB's first foray into the world of single malt beer... read | | |
| KUALA LUMPUR - At Malaysian e-cigarette outlet Vape Empire, customers kick back and puff out thick, aromatic clouds of vapour in funky flavours like Horny Mango and Creamy Suckerz' Banana Anna... read | | | | Naseem Javed The post-oil economy is here to stay for a while. Why wouldn't governments and major trade associations of any exporting nation embrace national mandates to all out campaigns... read | | | WASHINGTON - The global market for wearable technology is seeing a surge, led by watches, smart clothing and other connected gadgets, a research report said on Thursday... read | | | FRANKFURT - German automaker Daimler said on Thursday its Smart subsidiary has launched an online store, allowing customers to order a car on the internet and have it delivered to their home... read | | More International | |
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| Jimmy Tembo When we try to find the common denominator between a business and church, we easily appreciate the fact that the first intention is to attract people... read | | | Endri Hasanaj Business startups are a spin of the wheel, a bigger gamble than betting on a racehorse that's primed for the glue factory... read | |
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| | Weylandts have exciting opportunities for decor sales consultants in Cape Town to provide excellent service to discerning clients. Our sales consultants are integral to the business and highly valued! Read more >> |
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