Kaya 959 Kaya Biz

Amazon lands in SA. What does it means?

Loading player...
GUEST – Arthur Goldstuck, CEO of World Wide Worx.
Amazon.co.za has landed in South Africa. Where will it fit into the online retail landscape?
New research shows that South Africa’s online retail sector grew to R71 billion in 2023, up 29% increase from the previous year, positioning the sector to break the R100 billion mark by 2026. The 2023 rise comes after 35% growth the previous year (R55 billion in 2022). The research was conducted by World Wide Worx in partnership with Mastercard, Peach Payments, and Ask Afrika.
8 May 2024 1PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min
All episodes