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Competition Commission Publishes its Provisional Summary Report on the Ecommerce Market Inquiry

Readers will recall that the SA Competition Commission launched a ‘market inquiry into online intermediation platforms’ in April 2021. EFSA submitted three written submissions to this and took part in the oral evidence. Somewhat to our disappointment, although other submissions were published on the Competition Commission’s website and other sessions of evidence were made available,…

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Opportunities, Events and Publications

Are You Running an Ecommerce Related Business? If So, Please Help We have been approached by a young WITS Business School student who is doing a study on decision-making by CEOs and senior management in businesses in the digital economy. The survey takes about 10-15 mins. Do help! https://wits.eu.qualtrics.com/jfe/form/SV_25DGfHlkIlT8AAK   A French/SA Chamber of Commerce…

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African University Students Not Welcomed

I need to admit a personal interest in this next report because my youngest is just finishing her Hons at Stellenbosch in psychology. She’s one of 3 black students on her course and we’re immensely proud of her! That being said, it was disturbing to learn that the UK will not offer students from African…

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Survey on the Businesses African Entrepreneurs Want to Start the Most

A new survey by ZenBusiness (ZENBUSINESS)  has found that the industries that most attract entrepreneurs vary from country to country in Africa and depend on numerous factors such as infrastructure, business climate, and culture. According to the survey, Personal services are the most-searched-for small business type in 22.7% of African countries, the largest share of…

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Starlink – Bridging the Digital Gap?

Starlink expects to go live in 2 African countries, Nigeria, and Mozambique, in the near future. The SpaceX-owned service, which provides internet connectivity using thousands of satellites in space, announced that it has received regulatory approvals from both countries. Nigeria gave Starlink 2 licenses that took effect on May 1 and will expire in 2027…

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Selling Skin Lightening Cosmetics – Not Welcomed in Some Countries

Several African countries have acted over the years to ban the most dangerous chemicals used for skin lightening. For example, in 2018, the Rwandan government began enforcing a nationwide ban on cosmetics and hair dyes containing harmful chemicals like hydroquinone (above certain levels) and mercury, making it illegal to produce or sell most skin-lightening cosmetics.…

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Some Ecommerce Initiatives from Nigeria

Nigerian logistics startup Kwik has launched Kwik store a free ecommerce storefront solution that allows any African business owner, merchant, social vendor entrepreneurs, or SME to create their own online stores within minutes without any technical knowledge and manage them from their phone. Social vendors can link their KwikStores to their social media accounts, automating…

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Ecommerce Transformation in Africa Conference and other News on Payments

EFSA spoke on the rapid changes in payments at this event on 27 July. A recording of the presentation is here: https://c2.floor.bz/10t-recording/odashs3/bcdhdgi/hdddef/fjfdce/recording/ca2b542b5d46d165efb65ca64c0c0752_595324.mp4 Meanwhile, Xend Finance, an Africa-founded global crypto bank, announced the launch of payment API XendBridge and SwitchWallet, a free public wallet infrastructure. Backed by Binance and Google Launchpad, Xend Finance recently achieved 100,000…

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