eCommerce News
Fintech in Africa – and the Global Figures for VC in 2022
Anyone looking to launch an African startup in 2023 must be sorely tempted to do so in the fintech space (provided they have the relevant background and expertise). After all,…
Read MoreCross-Border Payments – Concerns and Opportunities
Last year we saw the launch of both the PAPSS payment system from the Afreximport Bank and TCIB by BankServAfrica. These initiatives, both pilots at present are designed to reduce…
Read MoreThe Effects of Chinese Trade on Africa
And while on the subject of SA’s partners in BRICS, China is now the African continent’s largest trading partner, accounting for trade worth US$254bn in 2021. It is also the main country of…
Read MoreWhere Does South Africa Want to Go – BRICS or the AfCFTA?
In its policy meetings in early January, the ANC has demanded that SA use its 2023 chairmanship of the BRICS group of nations (Brazil, Russia, India, China and SA) to…
Read MoreNews From Africa
The AUC Holds the First Exporters’ And Ecommerce Conference in Nairobi EFA attended the African Union Commission’s first Exporters’ and Ecommerce Conference (13-16 Dec). This was not intended to replace…
Read MoreA Few New Developments in the USA – Shopify; Drones; SEO and AI, Meta’s Cryptocurrencies, and, of course, the Metaverse
Shopify has announced a new tool called Commerce Components, which targets large enterprise retailers. Big businesses can now more easily integrate Shopify’s mainstay tools, such as checkout, into their existing systems. While Walmart has announced…
Read MoreInteresting Festive Trends from the UK
The Royal Mail went on strike over the Christmas period (as did the trains and a number of other services). According to Statista, ecommerce represents 26% of retail turnover in…
Read MoreEU Considers Extending Consumers’ Right to Withdraw from a Sale
The EU introduced the concept of the right to withdraw from a sale for distance selling nearly forty years ago. That right was incorporated in both the CPA and ECTA…
Read MoreNew Distribution Rules in the EU as of mid-2023
From June 2023, businesses in Europe have to implement new rules intended to protect fair competition within the European Single Market – The Vertical Block Exemption Regulation (VBER). These updated…
Read MoreThe EC Publishes its Proposals for VAT in the Digital Age
On 8 December, the European Commission (EC) published a proposal for a Council Directive on VAT in the Digital Age, aimed at modernising and taking full advantage of technological and digital advances to deliver an update VAT system…
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