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Zeenat Moorad

Surge in online shopping as SA gets to grips with the e-conomy

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South Africans are becoming more open to the option of online shopping, with a survey reporting a 30% increase in online spending in 2010.

More online shopping for South Africans in 2011

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Online retailers might see an increase in visitors this year as a survey found 45% of online shoppers spent more online in 2011 than previous years.

Avusa CEO cashes in R3-million of share incentives

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Prakash Desai has exercised R3.69-million worth of rolled-over share-based incentives granted in 2003 and 2004 by Johnnic Communications Limited.

The Times overtakes the Star in circulation

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The <em>Times</em> has overtaken the <em>Star</em> in terms of newspaper circulation, according to Audit Bureau of Circulations figures.

E-tailers in SA to see growth in mobile commerce

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E-tailers in South Africa can expect to see their most prolific growth in mobile commerce, says chief executive of Kalahari.com.

SABC to give 800 employees the boot

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The embattled SABC will sack 800 staff over the next two years in order to improve the "efficiencies and effectiveness" of its new operating model.

Reports of R1.2bn loan to Swaziland ‘not true’

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The finance ministry has rubbished a report saying South Africa had granted Swaziland a R1.2-billion loan, saying a decision had yet to be made.

Mozambique’s first Pick n Pay store due to open

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Africa's second-largest food retailer, Pick n Pay, has announced that it would be opening its first store in Mozambique, located in Maputo.

Local business ‘underinsured against hacking’

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An estimated 60% of South African businesses are not insured against cyberattacks while most are not aware insurance against these attacks exists.

Development finance bodies ‘key for African SMEs’

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Development finance institutions are crucial for small and medium-sized enterprisesacross Africa who struggle to gain access to finance for expansion.

WalMart closes deal for 51% stake in Massmart

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WalMart announced on Monday that the company had completed its investment for a 51% stake in Massmart Holdings for R148 per Massmart ordinary share.

‘We welcome becoming part of the Walmart family’

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Massmart's chief executive said that the group's management team welcomed the prospect of becoming part of the Walmart family.
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