Ahead of the busiest shopping time of the year, Visa released a survey that reveals what eCommerce categories receive the most spend and identified changing attitudes towards online shopping in the country. It also identified hurdles still hampering growth.
According to the global Visa eCommerce Tracker Survey, the top five most browsed categories in the past 12 months were physical books, CDs and DVDs (37%), holidays/travel (36%), bill payment (35%), PCs/laptops/tablets and household electronics (34%), and event/ concert tickets (32%).
The survey ...
Regenesys Business School is claiming a world first: free, fully accredited, internationally recognised online business education for South Africans.
The courses are offered on a freemium model under which studying and access to training materials -- from certification level, through to MBA level -- are free. Submitting assignments or exams, and attending classes are optional paid features of the programme, but are required for qualification accreditation.
The following learning programmes are available:
Master of Business Administration
Postgraduate Diploma in Management
Bachelor of Business Administration
Higher ...
Back in March, we reported that Naspers’ investment arm MIH had teamed up with Obox to launch QikCommerce — a Wordpress-based eCommerce tool that lets users “create an online shop in minutes”.
It was an exciting development: a large multi-national internet company had joined forces with local internet entrepreneurs to launch a new ecommerce service that allowed users to create their own online stores on the fly. But just a couple of months after QikCommerce launched, Obox founders David and Marc ...
When it comes to tech startups, ecommerce is at once an easy and tricky space to play in.
It's easy, because to get going all you really need is something to sell, a good design and the right plugins. It's tricky because people are trusting you with their money. You have to make sure you have the right security, and can guarantee delivery. It's also not easy to stand out in a market like South Africa where broadband penetration remains ...
In October this year, online retailer Loot.co.za launched enhancements to its site usability and the customer experience -- just in time for the festive season which accounted for 22% of its total revenue in 2011. Today, the eCommerce company, headed up by ex-Kalahari CEO, Gary Hadfield, announced that it has raised a new round of funding from Titan Investments.
Titan is a broad-based black economically empowered investment company whose investments include, among others, a shareholding in EOH, Connection-Telecom, wysetalk.co.za, Quadrem Africa, ...
Tuskys Uganda was started as an effort to make more Ugandan products available in the local market – where foreign goods seemed to reign. What started as an online platform has now expanded as the startup is currently setting up physical outlets in the country to distribute their products. VC4A spoke to Jeff Kabuleta, co-founder of the startup. “Local products are just as good, but in Uganda they are not given the extra push these products deserve.”
Tell us more about Tuskys ...
International growth equity investor Summit Partners is set to invest €20 million in South African online retail giant Zando. This shows a huge vote of confidence in the South African ecommerce industry. Summit, a growth equity and credit investing company, has investments in more than 350 rapidly growing businesses across North America, Europe and Asia, raising nearly US$15-billion since 1984.
"We seek to invest in companies that build long-term value," said Scott Collins, managing director and head of the Summit ...
While at the Online Retail Conference last week in Cape Town, Danie Strachan from Adams and Adams gave a very succinct presentation on the CPA (Consumer Protection Act) and POPI (Protection of Personal Information). Filled with this information, I’m pretty sure many retailers went and made a few small changes to their offerings to legalise them. All good.
But the online world has its own set of rules. You may very well be abiding by the laws of your country, but ...