One side-effect of the coronavirus pandemic is that it could encourage a big shift among consumers to online retail in SA, a segment that is still in its infancy here.

Derek Cikes, commercial director of fintech company Payflex, says online retail sales make up about 2% of total business in SA at the moment, whereas in the US, Australia or UK it is closer to 10%...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now