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FNB cardholders spent over R4bn in 3 days preceding lockdown

FNB reports a slight boost in card spend since the start of Level 4 lockdown. Despite the increase in consumer spending, activity is still averaging significantly lower compared to pre-lockdown levels...

28 May 2020

6DOT50 launches Digital Rands to pay for essential goods

6DOT50 is stepping in with a new way to pay for essential goods, as Covid-19 takes its toll on the South African economy...

By Evan-Lee Courie 26 May 2020

Covid-19 a shot in the arm for e-commerce

Online retail may account for under 2% of total retail sales in South Africa, but the Covid-19 pandemic is encouraging consumers to switch to digital shopping and payment alternatives...

By Lauren Hartzenberg 25 May 2020

Slow Covid-19 economic recovery compels African companies to adapt

The World Economic Forum (WEF) reported this week that the pandemic has hit global trade and investment at an "unprecedented speed and scale" and revealed the fragility of the modern supply chain...

By Clement Chinaka 21 May 2020

Nedbank launches Avo, its new e-commerce "super app"

Nedbank has revealed its new digital platform Avo. Described as a "super app", Avo will provide customers with access to online shopping and other essential services...

19 May 2020

SA govt allows the sale of (almost) all goods online

According to new regulations, online retailers in South Africa may sell any product, with the exception of cigarettes and alcoholic beverages...

15 May 2020

SA businesses innovate in the face of lockdown constraints

Businesses across South Africa are showing tenacity and innovating in the face of lockdown...

7 May 2020

Blockchain and the pharmaceutical supply chain

Blockchain technology can revolutionise many aspects of our lives, one of which is providing a secure, interoperable system for improving the visibility of pharmaceutical value chains...

Issued by Pyrotec 4 May 2020

PayFast reports significant spike in business account registrations

PayFast has seen a 226% year-on-year increase in new business account registrations in the food industry since Covid-19 restrictions were put in place...

29 Apr 2020

SA's surge in online shopping expected to continue beyond lockdown

Consumers have switched to digital shopping alternatives, with 37% of South Africans saying they are shopping more online...

Issued by Nielsen 29 Apr 2020

E-commerce AC19: How Covid-19 is speeding up digital transformation in SA

As a result of the lockdown, there has been an almost immediate shift from traditional methods of business and retail...

By Michaela Gabriel 28 Apr 2020

FICO addresses critical resiliency issues for financial services in virtual event

Series of interactive sessions shares insights into managing stressed customers, protecting against new scams and other topics...

Issued by Britespark Communications 9 Apr 2020

Advice for 'non-essential' retailers under lockdown

Like many companies selling goods classified as 'non-essential' during the lockdown, Cash Crusaders had to temporarily shut its stores across the country - all 220 of them.

8 Apr 2020

Covid-19 will fast-track growth in contactless payments

South Africa can expect significant growth in contactless payments on the back of Covid-19. It is also likely that the public's newfound aversion to contact will spur additional innovation...

7 Apr 2020

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