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May 25, 2022

African Decisions - African selling point

With the right enabling regulatory environment and improved internet access across the continent, smooth online retail could become a reality in the future.

The business – and busyness – began early on Friday morning, peaking between 8am and 9am and continuing throughout the weekend until late on Monday. And amid all the clicks and checkouts, SA’s retailers enjoyed a 2018 Black Friday/Cyber Monday weekend that shattered records and exceeded expectations. BankservAfrica, Africa’s largest automated payments clearing house, released figures showing that it processed 581 189 online transactions over the period (23 to 26 November 2018), with South Africans making 404 594 online transactions on Black Friday (up 55% from 2017) and 176 595 on Cyber Monday (up 36% year on year).

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