Telkom has announced that its CEO and executive director Sipho Maseko will step down on 30 June 2022. The telecoms company said the process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future.
It is possible that cooking oil prevented more looting in South Africa in the last week than the president, the ANC, the intelligence community, the army and the police combined. This, without question, says something about the versatility of the product. It says even more about the state of the state. When you are shown up by canola, you might want to revisit your strategy.ByHoward Feldman
Performance Media across Search, Social and Programmatic platforms is the single fastest growing area of digital media in South Africa. Combine that with the detailed analysis of campaign management, tagging and ad operations, and it becomes apparent that these highly specialist functions require a highly specialised unit.
The Transnet Port Terminals website has been hacked, implying that all companies under Transnet have been affected. All Transnet websites were down at the time when reporting was done for this SA Trucker article. The publication cited sources who requested to remain anonymous because they are not allowed to speak to the media.
The Covid-19 pandemic has hit South Africa's small business sector hard and there are grim statistics to bear this out. Those statistics will not be repeated here. After all, if you are a small business owner setting out on the road to recovery, the last thing you probably want is more details of the toll the pandemic has taken on small enterprises. Far more useful would be some good, solid tips on how to build back better after any business setbacks.ByAmeen Hassen
However, it’s clear that people still value physical shops. Globally, after the first round of lockdowns in 2020, consumers flocked to the shops. At the Bicester Village shopping outlet in England, crowds were so great that people petitioned for shops to be closed.
A change of scene
The pandemic has caused people to spend much more time at home – and to appreciate a change of scene, which a trip to the shops can provide. Many may also cherish the social aspect of going shopping, especially after having been isolated for a period of time. Research carried out before the pandemic suggested that interactions with in-store salespeople could satisfy some of the social needs of consumers who experience loneliness.
Covid-19 has also led people to new kinds of shopping experience. They have explored different types of shops, especially smaller ones that are local to where they live or work. In one survey of British adults, 70% of people shopping locally during the pandemic said they would continue to do so once it was over.
Retailers should give some thought to the fact that consumers often spend more in physical environments than they would online. A physical store can also provide a good opportunity for consumers to return unwanted online purchases, and offers the opportunity to exchange or buy other products rather than just sending them back. This may be one way to combat the high return rates for online purchases, which are often around 30% compared to only 8% for in-store purchases.
Shoppers benefit from physical shopping, too. Social interactions have the ability to improve emotional well-being, and many people go on shopping trips with a companion, making it an inherently social experience. These social occasions will be important once our lives return to some kind of normality, as many have been starved of social interactions.
One problem, though, is whether there will be any great choice of shops remaining on the high street, as physical stores disappear and brands become available only online. Recent examples in the UK include the fashion outlets Topshop and Miss Selfridge and the department store Debenhams.
This may pose a dilemma for consumers when they wish to return to physical shopping after the pandemic, as there simply may not be enough shops to satisfy their needs. If there is a lack of variety then they may find that they are drawn back online, where they can order anything they want with the click of a button.
The Shôping app will curate unique experiences for mall visitors, in line with Attacq's mission to put the customer back at the centre of the retail experience...
21 Apr 2021
It’s likely that in the future, consumers will want to combine purchasing online with shopping in person. A survey of 22,000 participants found that almost every single one would go back to shop in stores when the pandemic is over, even if 80% also said they would continue to shop online. This suggests that while many consumers are happy with their online shopping habits, they still have a need to go out to the shops.
Perhaps this is the ideal time for high streets to reinvent themselves, offering consumers a more satisfying shopping experience that responds to their needs for social interaction and physical touch.
The Conversation Africa The Conversation Africa is an independent source of news and views from the academic and research community. Its aim is to promote better understanding of current affairs and complex issues, and allow for a better quality of public discourse and conversation. Go to: https://theconversation.com/africa
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