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Spaza Shop
A spaza shop, also known as a tuck shop, is an informal convenience shop business in South Africa, usually run from home. They also serve the purpose of supplementing household incomes of the owners, selling small everyday household items. These shops grew as a result of sprawling townships that made travel to formal shopping places more difficult or expensive. In recent times Somalis in South Africa are noted for running spaza shops in black townships. South African banks are trying to win spaza shops as "bank shops" offering minimal banking services at lower costs than full bank branch offices. The link to the bank's back office is mostly via mobile phone based mobile banking Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses .... References External links Business in South Af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somalis In South Africa
Somalis in South Africa are residents of South Africa who are of Somalis, Somali descent. The earliest communities were formed in Cape Town and surrounding areas in the late nineties and early 2000s. A number of Somali-South African residents have risen to prominence locally and internationally. Overview Following the Somali Civil War, civil war in Somalia that broke out in 1991, a number of Somalis emigrated to South Africa. They soon established themselves in the commercial sector, creating employment opportunities for themselves and opening their own stores. Somali businesses have offered goods to customers at lower prices than their local competitors, cornering the market in many areas. By 2010, Somali entrepreneurs provided most of the retail trade in informal settlements around the Western Cape province, among other places. Somali-owned convenience shops selling products like snacks, soft drinks and clothing have been especially successful. In 2008, xenophobic riots again ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Township (South Africa)
In South Africa, the terms township and location usually refer to the often underdeveloped racially segregated urban areas that, from the late 19th century until the end of apartheid, were reserved for non-whites, namely Black Africans, Coloureds and Indians. Townships were usually built on the periphery of towns and cities. The term ''township'' also has a distinct legal meaning in South Africa's system of land title, which carries no racial connotations. Townships for non-whites were also called ''locations'' or ''lokasies'' in Afrikaans and are often still referred to by that name in smaller towns. The slang term "kasie/kasi", a popular short version of "lokasie" is also used. Townships sometimes have large informal settlements nearby. History Early development During the first half of the twentieth century, a clear majority of the black population in major urban areas lived in hostels or servants' accommodations provided by employers and were mostly single men. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Mail
''Financial Mail'' (or the ''FM'', as it is also known), is a South African business publication focused on reaching the country's leading business people. This weekly publication, which was launched in 1959, underwent a major "look and feel" change in 2006, which saw it reclaim its position as the most widely read English business weekly in the country. The FM also publishes a series of popular corporate profiles as well as annual publications such as ''The Little Black Book'', ''AdFocus'' and ''The Property Handbook''. References External linksfm.co.za 1959 establishments in South Africa Business magazines English-language magazines published in South Africa Mass media in Johannesburg Magazines established in 1959 News magazines published in Africa Pearson plc Magazines published in South Africa Weekly magazines published in South Africa {{Business-mag-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Phone
A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area. The radio frequency link establishes a connection to the switching systems of a mobile phone operator, which provides access to the public switched telephone network (PSTN). Modern mobile telephone services use a cellular network architecture and, therefore, mobile telephones are called ''cellular telephones'' or ''cell phones'' in North America. In addition to telephony, digital mobile phones ( 2G) support a variety of other services, such as text messaging, multimedia messagIng, email, Internet access, short-range wireless communications (infrared, Bluetooth), business applications, video games and digital photography. Mobile phones offering only those capabilities are known as fea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Banking
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile banking is usually available on a 24-hour basis. Some financial institutions have restrictions on which accounts may be accessed through mobile banking, as well as a limit on the amount that can be transacted. Mobile banking is dependent on the availability of an internet or data connection to the mobile device. Transactions through mobile banking depend on the features of the mobile banking app provided and typically includes obtaining account balances and lists of latest transactions, electronic bill payments, remote check deposits, P2P payments, and funds transfers between a customer's or another's accounts. Some apps also enable copi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
