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...
Green entrepreneurs invited to apply for Anzisha Prize funding
The Anzisha Prize, the biggest award on the continent for very young entrepreneurs aged 15 to 22, has announced the opening of applications for its upcoming funding cycle. This time, the focus is on green entrepreneurs who combines innovation and sustainability, and...
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,...
Smartphone shipments return to growth
Following a stronger than expected third quarter (3Q20), the global smartphone market is expected to return to growth during the holiday quarter this year. According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone...
ITU validation drives next step in 5G deployment
The radio interfaces that will be used in full-scale commercial deployment of fifth generation mobile communication networks have achieved global validation with the successful evaluation by ITU of three new technologies that conform with the International Mobile...
Some Minecraft ‘modpacks’ distribute adware
Minecraft, first released in 2009, is an open-ended video game that allows users to craft their own 3D world. It is currently the bestselling game of all time with more than 200-million copies sold as of May 2020. Given its immense popularity, it's not surprising bad...
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