SA E-commerce Growth: 10% of Retail by 2029

by Archynetys Economy Desk

Luxury brands rethink digital strategies, creating state-of-the-art websites to help encourage sales. (123RF / rido )

According to the E-commerce Forum of South Africa, the country’s e-commerce market has grown from 1% to nearly 10% of retail sales in just five years and the industry is projected to grow to R130bn this year. Business Day TV spoke to Business Day’s Mudiwa Gavaza for greater perspective on the growth that the e-commerce market is experiencing.

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