Economic news of the week: How Black Friday has been implemented in SA compared to other parts of the world

In this edition of the Business Day Spotlight, we’re looking Black Friday, its value, place in the market and how seriously people should take it.

Our host Mudiwa Gavaza is joined by Avinesh Reddy, chief technology officer at Rentoza, a subscription based e-commerce platform in SA.

The discussion touches on Rentoza’s business model, the concept of Black Friday, how the concept has been implemented in SA compared to other parts of the world, the dangers of participating, ways in which consumers and businesses can be better informed or protected, the state of e-commerce in SA and what it will take to increase adoption locally.