The rise of digital platforms and e-commerce will reshape the retail sector and in turn have deep implications for developing countries’ industrialization processes.…
4 posts tagged
Retail
FinTech could fuel Afrika’s next big growth
The Afrikan continent is poised to experience its next big growth phase. While previous growth phases on the continent – which helped birth the "Afrika Rising" narrative – were fuelled by the continent’s natural resources and young population, this one will be driven by financial technology (FinTech). Afrika has…
The future of retail will be built on clicks, bricks and data-driven insights
Over the last 15 years, technology has reshaped the face of global retail. With billions of people spending more time online each day, the way we buy things has evolved. Hundreds of billions of dollars of spending have shifted from physical shops to the web and mobile devices. Retail in…
Report reveals that South African retail spending grew by 3,8% during the festive season
A newly announced report by Mastercard reveals that during the 2017 summer festive season in South Africa, there was an improvement in consumer spending. According to the report, retail sales volumes in South Africa rose by 3,8% year-on-year after removing the effects of inflation. This apparently marks the strongest…