E-COMMERCE IN SOUTH AFRICA IN 2014 AND BEYOND

E-COMMERCE IN SOUTH AFRICA IN 2014 By Hagen

Let’s be honest. E-commerce in South Africa, in 2014, is still in its infancy. Compared to the rest of the world, we aren’t even close yet. So what’s the holdup? What is preventing e-commerce from exploding the way that it has in Continue reading

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-backed Jumia is in the money today, after the Africa-based e-commerce company announced it has raised €120 million ($150 million) in new funding. The company confirmed that the round values it at €445 million ($555 million). Jumia sells a range of products, from clothes, to electronics, Continue reading

Why These Ecommerce Front-Runners Are Building Brick and Mortar Stores

These-ecommerce-front-runners

Ecommerce, with all its convenience, was supposed to be the death of traditional retail. That’s why hearing ecommerce leaders get excited over opening brick and mortar storefronts feels a bit like having your tech-obsessed friend talk up VHS. Designer-gown rental Continue reading

5 Tactics to Reduce mCommerce Abandonment

5_reasons_checkouts_are_abandoned_featured

Jumio’s perspective on the abandonment challenge If 66% of your shoppers abandoned their shopping at an in-store checkout, would you be worried? According to Jumio’s Consumer Insights study, that’s exactly what is happening in the M-commerce channel. So how can Continue reading

SA slow to adopt online shopping, with logistics a problem

Logistics in SA

In South Africa, buying food and beverages as well as clothes online continues to lag behind global norms, an Ernst & Young (EY) survey revealed yesterday, 22 July 2014. © cienpiesnf – Fotolia.com Though online activity is rising in SA, Continue reading

Top speakers and an exciting agenda lined up for the eCommerce Africa Confex

2015 eCommerce Conference

Kinetic is pleased to announce that our inaugural eCommerce Africa Confex (Conference and Exhibition) will be happening at the Cape Town International Conference Centre from the 3-4February 2015. The eCommerce Africa Confex brings together a unique blend of compelling and Continue reading

SA Companies Adopting ‘Tap-n-Go’ Cashless Payment Systems

NFC Card Technology

South Africa’s retailers, financial institutions and brands are gaining pace with international competitors in adopting technologies such as near-field communication (NFC) for mobile and cashless payments. Two years ago, it was predicted that the high cost of installing point-of-sale terminals Continue reading