EKASINOMICS: KULOOLA - SA’s first rural online grocery store.

Loading player...
South Africa's first rural-centred online grocery store and delivery service has navigated degraded roads and rough terrain to complete more than 25,000 orders in KwaZulu-Natal.

Online shopping and food delivery services have boomed over the past two years, driven by the Covid-19 pandemic, which kept people at home.

South Africa's brick-and-mortar retailers, like Shoprite and Pick n Pay, have grown their delivery home-delivery services. Fast food delivery giants, Uber Eats and Mr D, are expanding to other areas as demand grows. Similarly, Takealot, the country's biggest e-retailer, recently reported increased sales, with overseas competitor, Amazon, now eyeing the South African market.
29 Jun 2022 5AM 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