FNB customers spend R3bn on Black Friday
FNB customers once again hit R3-billion in purchases on Black Friday, in line with last year's highest spend peak. FNB also saw a positive shift in usage of the FNB Virtual Card, with a 94% year on year increase in customer spend over Black Friday weekend....
Mindful consumers drive changes in Black Friday trends
Nedbank has identified a small number of significant trends in consumer spending behaviour during the recent Black Friday period, which it says not only point to the continuing evolution of South Africa's retail landscape, but also to a greater awareness by South...
Innovation is vital, but companies don’t enable it
As many as 88% of innovation leaders agree that successful organisations encourage innovation at every level and within every team - but only 16% of companies include "empowering individuals" as an essential part of their corporate culture. This is one of the findings...
Global smartphone sales in Q3 decline
Worldwide smartphone sales to end-users totaled 366-million units in the third quarter of 2020, down 5,7% from the third quarter of 2019, according to Gartner. Overall global mobile phone sales to end users totaled 401-million units, a decline of 8,7% year-over-year....
Rebound for large-format, industrial printers
New results from the International Data Corporation (IDC) Worldwide Quarterly Industrial Printer Tracker show that all segments of the industrial printer market began to recover from the Covid-19 crisis in the third quarter (3Q20). "After consecutive quarters of steep...
Online comes to the fore on Black Friday
While claims of a more digital world have been rife for some time now, on the back of Covid-19 and the widespread lockdown response to the pandemic, few events have served to confirm this shift to digital consumption as clearly as the Black Friday weekend. That's...
Independent SMEs saw 46% Black Friday improvement
In proprietary data released by South African payments provider Yoco, small businesses experienced a 46% increase in card transaction volume on Black Friday compared to the average volume processed on a Friday after pay day. In the build-up to Black Friday this year,...
5G set for super-fast uptake; 1bn users this year
By 2026, four out of every 10 mobile subscriptions in 2026 will be 5G. This is one of the forecasts in the latest edition of the Ericsson Mobility Report, which also finds that current 5G uptake in subscriptions and population coverage confirm the technology as...
E-commerce the winner on Black Friday
The number of new shoppers introduced to ecommerce over lockdown boosted Black Friday weekend total online transaction volumes by 50%, compared to 2019. This is according to data released by online payment gateway PayFast. The company processed a 283% increase in...
How Covid-19 impacted Black Friday sales
The impact of lockdown and Covid-19 was evident as Black Friday sales got off to a disappointing start with total spend down 63%, and trading volumes plummeting 33%, by comparison to last year, in the first minute after the clock struck midnight. Unlike last year,...
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