Source: Vgrigas, CC BY-SA 3.0 , via Wikimedia Commons
The majority of the country's urban population resides in townships according to the World Bank. With an 18% contribution to South Africa's GDP, the informal sector is one of the most important parts of the economy, both as a means of employment and how millions of people obtain goods and services. 19 Jul 2022
Baronne's been flexing its well-toned muscles in some of the best red wine company. The 2020 vintage of this Mzanzi favourite has made it onto the just-released top ten list of Winemag's Prescient Signature Red Blend Report for 2022. 19 Jul 2022
South Africa - and KWV specifically - has been hailed once again as the world's best producer of brandy and cognac, having scooped trophies at the prestigious International Spirits Challenge (ISC). KWV Brandy's Héritage XO received the trophy for Best Cognac, and KWV 15, won the trophy for Best Brandy while KWV itself was named Best Producer overall. 19 Jul 2022
Nike has launched its latest retail concept, dubbed Nike Style, in Seoul, Korea, designed to be part store and part creative studio. 19 Jul 2022
Since the global pandemic, customer demands have evolved. It has become even more important for retailers to listen to the voice of the customer and understand the factors that influence customer experience. 18 Jul 2022
Imagine a future in which your new cellphone is delivered to your home by a courier who also sets up your new device for you. What about a courier who can deliver a spare part for your washing machine and install it while he is there? 18 Jul 2022
For Mandela Day this year, Reebok is donating R67 for every pre-loved sneaker donation collected, and uplifting an embattled small business in the process. 18 Jul 2022
Takealot has issued a statement noting its disagreement with some findings and recommendations detailed in the Online Platforms Market Inquiry provisional report released by the Competition Commission this week. 15 Jul 2022
The world's largest fashion brands and retailers must increase transparency to tackle the climate crisis and social inequality, according to the latest Fashion Transparency Index released by non-profit organisation Fashion Revolution. 15 Jul 2022
Source: Supplied
Nestlé has announced that the Starbucks At Home by Nespresso coffee capsules are now made using 80% recycled aluminum - a first for the range. The move is designed to help Nestlé meet its 2025 ambition to make 100% of its packaging recyclable or reusable. 15 Jul 2022
Stats SA reports that South African retail trade sales increased by 0.1% year-on-year in May 2022. 14 Jul 2022
Beverage giant Diageo has agreed to sell its Guinness Cameroon brewery to France's Castel Group for £389m ($459.8m). Castel will take over the production and nationwide distribution of Guinness in Cameroon under a licence and royalty agreement. 14 Jul 2022
Calling FMCG supplier sales and KAM teams - Apprehensive about your next customer meeting? Improve your FMCG selling skills through an interactive and practical workshop presented by a selling skills specialist facilitator. 14 Jul 2022
The 2022 Craft Beer Marketing Awards (CBMAs) "Crushie" winners were announced recently, and two South African brands scooped titles in the global competition. 14 Jul 2022
Source: Takealot
The Competition Commission has released the provisional findings and recommendations from its Online Platforms Market Inquiry, which are likely to have a significant impact on the way South Africa's largest online players do business. 14 Jul 2022
The humanisation of pets has been a growing trend, and the companionship provided by them was especially prized during the isolating Covid-19 pandemic, growing the demand for pet ownership and arguably catapulting our furry friends further up the 'social hierarchy'. 13 Jul 2022
In our new era of work-from-home, the retail sector has had to adapt to and adopt a flexible approach with more innovative strategies to adjust to new customer habits and behaviours. This has meant a focus on consumer experience, with customer journeys increasingly occurring on online digital platforms. 13 Jul 2022
Black-owned, African spirits group Spearhead, has raised $3m in funding from Pendulum, a strategic investment and advisory platform for founders of colour. The investment marks the liquor company's entry into the US and will further power the company's next phase of growth. 13 Jul 2022
Stats SA reports that South Africa's manufacturing output fell 2.3% year-on-year in May, following a sharp decline of 7.6% in April. This reflected a contraction in four out of five major manufacturing subdivisions. 13 Jul 2022
Driven by the engine of the fourth industrial revolution (4IR), digitisation was already gaining significant traction before the onset of the Covid-19 pandemic. However, it accelerated faster in two years than it had in almost a decade. 12 Jul 2022
Let's do Biz