South Africa is about to move into Lockdown Level One as from midnight on Sunday, 20 September. And while the hard lockdown saw eCommerce activity skyrocket to unprecedented levels, trade volumes in brick and mortar stores have already started to see a pick-up during the previous shift down to Level Two. As restrictions ease further off the back of last night’s announcement by President Cyril Ramaphosa, questions have been raised as to whether the spike in eCommerce activity will wane and what the future holds for the sector. Based on international market trends, Matthew Leighton, a spokesperson from OneDayOnly.co.za, believes that continued growth is inevitable. “Well-established eCommerce markets are still experiencing growth, and we expect to see the same locally. A recent example was A...
A new set of regulations gazetted by the SA government on Thursday shows that movie theatres might be opening again across the country sometime soon. Cinemas are currently closed, not allowed to operate during Level 3 of the national lockdown. For it now it seems that the new government regulations have included theatres and cinemas in an arrangement that allows competitors to negotiate amongst each other, and with their landlords in order to lower rent and allow for rent holidays. In normal times, these negotiations are restricted by South Africa’s competition laws. /* custom css */ .tdi_3_eae.td-a-rec-img{ text-align: left; }.tdi_3_eae.td-a-rec-img img{ margin: 0 auto 0 0; } “The Department (of trade and industry) has received representation from stakeholders in the cinema exhibition ind...