Mixed bag predicted for holiday season spending
Only 9% of consumers reported that they plan to spend more this holiday season, according to a Gartner survey, which also reveals that 28% of respondents plan to spend less this holiday season than in 2022, while 63% of consumers plan to spend the same amount this...
Scammers targeting Africa becoming more sophisticated
Nearly half of the survey participants in the just-released KnowBe4 2023 Online Scams and Victims in Africa Report have fallen victim to an online scam at least once, losing thousands of dollars in the process and compromising their personal data. The report is based...
State of the cigarette market after the ban
Cigarette prices have decreased sharply from their highly inflated levels during the sales ban, but are substantially higher than their pre-lockdown levels. The average retail price of cigarette brands produced by the multinationals is nearly 5% higher than before the...
Telkom, YahClick sign connectivity agreement
Telkom Consumer and YahClick have signed an agreement which enables individual and business consumers to make high quality voice calls and access broadband data packages from anywhere in South Africa using a satellite connection. For Phase 1, Telkom will commence with...
ITU, UN-Habitat partner to accelerate digital transformation of cities and communities
Cities are home to 3,5-billion people, half of humanity, and this figure is projected to rise to 5-billion by 2030. Government, industry, academia and civil society are working together to accelerate the digital transformation of cities and communities to meet today's...
Black Friday, Cyber Monday 2020 were online hits
Online transactions on Black Friday and Cyber Monday 2020 fared slightly better than in previous years as more South Africans chose to do their bargain hunting from the web. 3D-Secure, BankservAfrica's online card authentication service (i.e. transactions that require...
Oliver Fortuin is new group CEO at Seacom
Byron Clatterbuck, who joined Seacom in 2012 as its chief commercial officer and became group CEO in February 2015, has resigned and will be ending his tenure with the company on 31 March 2021. Pieter Uys, chairperson of Seacom, comments: "Mr Clatterbuck has been...
Transactions flat in November, signalling a bleak December
The BankservAfrica Economic Transactions Index (BETI) fell flat in November 2020, suggesting lower economic growth for Q4 2020, which may lead to reduced spending over the December holiday break. "The BETI was 121.8 in November 2020, which represents a 0,1% monthly...
Strong growth for PCD sales in MEA
The Middle East and Africa (MEA) personal computing devices (PCD) market, which is made up of desktops, notebooks, workstations, and tablets, saw shipments increase an impressive 23,5% year on year during Q3 2020, according to industry analysis conducted by...
South Africans turn to online services
A survey of Internet users across 12 countries shows that, in South Africa, the Covid-19 pandemic has brought about a huge increase in the use of the Internet for vital services. Nearly seven in ten (69%) South African Internet users who were surveyed have turned to...
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