Pepkor and Shoprite Want More Than Shoppers — They Want Banking Customers
Why Africa’s retailers may crack financial inclusion before fintech startups do
Why Africa’s retailers may crack financial inclusion before fintech startups do
In the first quarter of 2022, smartphone suppliers shipped a total of 19.7 million handsets across Africa. For the first quarter of 2022, this equates to a 15.7 percent decrease year over year (YoY) (Q1 2022).
Santam, the traditional insurance business began its digital transformation plan in 2020 when it invested in JaSure for a 51% stake. Now, it has acquired the remaining 49%.