NEWS
Major players in ecommerce launched the new Ecommerce Forum Africa (EFSA) on 12 November in Johannesburg and 13 November in Cape Town. The mission of the EFSA is to drive sustainable, profitable and reputable growth of the ecommerce business in Africa. Mr Nic Robertson, Chairman of the EFSA and Head of Strategy and New Business…
Read MoreA lot of people have asked me what I felt about the European Court of Justice (ECJ) ruling on Wednesday 7 Oct. This is how I have replied – The European Commission (EC) has been wasting time with its (so far failed) Data Protection Regulation, rather than looking at some of the major issues that have…
Read MoreThe building blocks for future developments in e-tailing are emerging in sub-Saharan Africa, as a growing middle class and young population create a demand for products that store-based retail simply cannot meet, due to a lack of shopping malls and gridlocked cities… Advances have been most notable in Nigeria where a surge in telecom investments…
Read MoreThe landscape of local e-commerce is increasingly becoming a cutthroat and competitive space. SA’s online retail sector has a forecasted growth of 15.9% CAGR and will be worth an estimated R9.5bn in 2018 according to a recent survey released by PwC. Brendon WilliamsonBrendon Williamson Unsurprisingly, the sector is seeing an influx of new entrants which…
Read MoreDespite showing significant growth in 2014 and into 2015, the South African e-commerce market has hit another hurdle threatening its progress. The onset of compulsory 3D Secure implementation on March 1, 2015, for all online stores meant that the CVV number would no longer be sufficient for making secure online purchases. This was largely driven…
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