Local couriers face unprecedented challenges as Amazon, Shein and Temu disrupt SA’s e-commerce market

GUEST: Craig Pitchers, CEO of The Courier Guy.

Competition amongst local couriers has increased dramatically with the emergence of e-commerce giants, like Amazon, Temu and Shein into the South African market impacting both the micro and macro environments and leading to a greater demand and delivery volume.
South Africa’s e-commerce market is expected to reach US$16.3 billion by 2030, with an annual growth rate of 15%, according to a RationalStat report.
13 Jun 2PM English South Africa Business News · Investing

Other recent episodes

Data Signals Imminent Market Turnaround with Surprise Gen Z Buyers

GUEST – Gavin Lomberg, CEO of ooba Home Loans The Quarter 2 2024 (Q2 ‘24) statistics released by South Africa’s foremost home loan comparison service, ooba Home Loans, reveal that the residential property sector is now poised for a steady recovery, with some of the most interesting developments taking place…
23 Jul 3PM 18 min

TECH & INNOVATION – HiveLaw, tech that shapes the future of university law clinics

GUEST – Brent Williams CEO of CDH (Cliffe Dekker Hofmeyr) Tech start-up LawLabz, in collaboration with leading corporate and commercial law firm, Cliffe Dekker Hofmeyr (CDH), CloudEssentials, and the Nelson Mandela University recently came together to launch HiveLaw. This innovative legal office enables employees of the law clinic and its…
23 Jul 3PM 12 min

How are SA shopping malls valuated?

GUEST - Paul Gerard, Managing Director at Flanagan & Gerard JSE-listed property group Burstone has concluded a R380 million transfer deal for The Neighbourhood Square shopping centre in Linksfield. Along with co-owners Flanagan & Gerard, Burstone will take over 50% ownership of the centre. The R380 million acquisition process began…
23 Jul 3PM 16 min

Consumers value saving but can’t afford to do it, reveals Nedbank survey

GUEST – Babalwa Nonkenge – Head of Retail Investments at Nedbank As South Africa celebrates Savings Month this July, the nation's resilience and adaptability in the face of economic challenges continue to shine through. Despite ongoing financial pressures, South Africans are demonstrating a strong desire to secure their financial futures…
23 Jul 3PM 11 min

Kumba reports a 24% fall in headline earnings

GUEST – Mpumi Zikalala - Kumba CEO Kumba Iron Ore has reported a 24% fall in headline earnings per share as the company battles weaker commodity prices and logistics challenges. Kumba, a subsidiary of the Anglo American group, on Tuesday released its results for the six months ended in June…
23 Jul 3PM 11 min