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Prepping your home for a show house is an exciting – yet often nerve-wracking – experience. It’s only natural to want your property to look it’s best for potential buyers, but it’s not always easy to know how to achieve that – particularly when the weather isn’t playing along. Fortunately, David Jacobs, Regional Sales Manager …
Just because a certain type of vehicle propulsion appears all over Social Media as being a ‘fire risk’, doesn’t mean that that vehicle type is the most prone to fires. Are we familiar with the term ‘outlier’? Don’t be lazy – look it up! In recent years, the safety of vehicles has become a significant …
Wednesday, 11 September 2024: Following a notice given on 2 July 2024 to the National Treasury and Emfuleni Municipality (Emfuleni), Emfuleni is no longer a beneficiary of the Municipal Finance Management Act (MFMA) 124 Debt Relief program due to multiple breaches. Consequently, the Sheriff of the Court has successfully attached Emfuleni’s four bank accounts to...
August has been a whirlwind of excitement with GAC MOTOR arriving on South African soil. Video Link to GAC Motors Brand Launch in South Africa. GAC Motor South Africa and Salvador Caetano are both driven by a commitment to quality and customer satisfaction. GAC Motor, aiming to establish itself as a world-class enterprise, focuses on …
Compared to high income households, lower income households typically face more financial difficulties as a result of the constant rise in living expenses. For the average household, this requires putting limited resources to the best possible use by making often tough decisions about what and how much to consume, produce, trade and invest. The 2024 …
There is a pervasive myth that entrepreneurship can’t be taught. If you weren’t lucky enough to be born an entrepreneur, then you’re simply out of luck. And if you are a born entrepreneur, then success presumably just falls in your lap. Both ideas are problematic. If we agree that the definition of entrepreneurship is the …
Standard Bank Group is gearing up to host the fourth instalment of its highly anticipated Climate Summit. The Summit, which will be held in Johannesburg next month, is one of the cornerstones of Standard Bank Group’s sustainability strategy. Standard Bank Group has committed to mobilise a cumulative amount of ZAR 250 billion in sustainable finance …
Around 5.7% of first-time buyers fall behind with their repayments or change to a more affordable car within the first 12 months. Standard Bank says the industry has recorded an increase in these cases in recent years. “It is common for first-time buyers to be caught off guard when interest rates rise. In recent years, …
The prolonged economic downturn experienced across multiple sectors in South Africa has resulted in markedly depressed sales in the new car segment over the past 12 months. This is evident in the monthly new car sales data released by naamsa | the Automotive Business Council. As consumers seek more affordable mobility alternatives, a noticeable trend …
Standard Bank recorded a 52% increase year on year in new credit cards issued up to the end of August 2024 compared to the same period in 2023. But the average approved limits are slightly lower this year. “With living costs soaring in the past two years, these high volumes suggest consumers could be relying …
The HUAWEI MatePad 11.5”S, the first tablet to feature the new generation PaperMatte Display, is now available in stores and online. Packed with features designed for creatives and professionals alike, the MatePad 11.5″S aims to bridge the gap between traditional and digital artistry. The HUAWEI MatePad 11.5″S comes in two colours: Violet, Space Grey. The …
Friday, 06 September 2024: Loadshedding remains suspended as a structural shift in the performance of the generation fleet continues to yield positive results, with Eskom achieving 163 consecutive days of uninterrupted power supply since 26 March 2024. This achievement includes a winter period free from loadshedding, a milestone last reached six years ago in 2018,...
In a market characterised by intense competition and financial constraints, introducing a new brand of SUV is daring, but newly appointed Vice President for Jetour in South Africa, Nic Campbell, says that the brand is poised to establish a new standard of excellence in the local automotive industry. Campbell has been in the motoring trade …
As the world commemorates International Literacy Day on Sunday, 08 September 2024, Ford South Africa reaffirms its commitment to tackling the literacy crisis in the country through its enduring legacy projects. Despite significant investments in education, South Africa continues to grapple with high illiteracy rates, particularly among young learners. According to the 2024 Reading Panel …
Wednesday, 04 September 2024: The article titled “Transfer of Eskom power supply to Centlec and three towns gets green light in Mangaung’s board,” published by Netwerk24 on 02 September 2024, refers. Eskom acknowledges the intention of Centlec and the support from the Mangaung Council for Centlec to take over the electricity supply to Thaba Nchu,...
For most people, a visit to the dentist might cause uneasiness, especially at the thought of drills, extractions and lengthy cleanings. But did you know that your dentist can make a significant impact on your overall health, including enhancing your sleep and breathing patterns? Breathing is not just a daily necessity; it is the foundation …
If you are a KRN 1 then worry, If you are a KRN 2 then you are good. By 24 November 2024 ALL prepaid meters in South Africa will need to be recoded. The current Token Identifier (TID) code will expire on 24 November 2024 and after this date all Standard Transfer Specification (STS) compliant […]
FNB today announced that it has officially taken over as headline sponsor of the App of the Year ecosystem, the premier app development and largest tech challenge of its kind in the African continent. FNB App of the Year recognises and celebrates local-game changers while championing app development in Africa. Now in its 13th consecutive …
Here are our Top 10 highest revenue-making opportunities for content creators ranked from 1 to 10: Affiliate Marketing: This offers a lucrative opportunity for individuals to earn passive income by promoting products or services and earning commissions on sales generated through their referrals. E-commerce: With the rise of online shopping, turning hobbies and interests into …
The euphoria of positive sales growth for South Africa’s new vehicle market in July was short-lived. But WesBank CEO Ghana Msibi remains optimistic for a slow recovery in the market. Speaking at the 2024 Festival of Motoring over the weekend, Msibi said the market was primed for improved recovery amidst new product introductions, not least …
The well-attended 3rd Quarter Automechanika Johannesburg CEO Breakfast on Friday 30 August 2024 at the Kyalami Grand Prix Circuit revealed the spectrum of explorable business opportunities for the automotive aftermarket and the commercial vehicle sector in Africa. The event no doubt stimulated entrepreneurial thinking among attending industry leaders who were presented with illuminating facts and …
LG Electronics South Africa (www.LG.com/global/) recently took a giant leap into the future of shopping with their online store which will forever change how South Africans buy their favourite tech. This is not just another e-commerce site—it is a bold move, changing the digital landscape and marking a new chapter in LG's South African journey, says Mr Jinkook Kang, Subsidiary President at LG Electronics South Africa.
“Now live at LG.com/za, our online store brings LG's innovative gadgets straight to your fingertips, showcasing our unwavering commitment to putting customers first in ways never before seen in the local market.”
As only the third market in the Middle East and Africa region to launch a brand-specific online store, LG South Africa is pioneering a new era of digital retail excellence. This achievement not only shows LG's status as a technology leader but also shows its commitment to meeting the changing needs of South African consumers.
Mr Kang shared his excitement about the launch: “We did not just open an online store; we are unlocking a portal to the future of retail in South Africa. This platform represents a fusion of LG's pioneering technology with the vibrant spirit of South African consumers. It's more than a shopping destination—it's a digital playground where innovation meets aspiration, where every click brings you closer to experiencing the extraordinary.”
The new e-commerce hub is a treasure trove of LG's most sought-after products, from breathtaking OLED and QNED televisions that redefine visual experiences to futuristic home appliances that transform everyday tasks into moments of joy. Tech enthusiasts can explore an array of state-of-the-art monitors, while eco-conscious shoppers will delight in the energy-efficient air conditioning units.
To celebrate this digital milestone, LG is rolling out the red carpet with an irresistible offer which is music to every shopper's ears. From August 27 to September 30, 2024, if you make an online purchase of R7,000 or more, LG will give you a free LG XBOOM XG2T speaker (http://apo-opa.co/4g5wpAv), valued at R1,199. This limited-time offer is exclusively available through the online store, giving customers more reason to explore LG's digital shop.
But the excitement does not stop there. The company's renowned Premium Service is available for select items bought through the online store. This white-glove treatment includes complimentary delivery, expert installation, and dedicated ongoing support, ensuring that every LG product becomes an integral part of your lifestyle with ease.
LG has created a variety of payment options to meet the different needs of South African consumers. From interest-free instalments to credit alternatives, LG is making premium technology more accessible than ever before.
“We're not just selling products; we're crafting experiences that resonate with the South African spirit,” says Mr. Kang. “Our online store is a digital embodiment of our ‘Life's Good' philosophy—a place where technology enhances life, where innovation meets inspiration, and where every purchase is a step towards a brighter, more connected future.”
As LG Electronics South Africa starts a new digital journey, the company remains committed to its core values of innovation, quality, and customer satisfaction. The online store is more than just a way to sell things. It shows that LG cares about making life better for every South African through easy-to-use, innovative technology.
“This launch is just the beginning of an exciting new chapter,” Mr. Kang concludes. “We're not just reimagining retail; we're redefining the very essence of how South Africans interact with technology. Every click, purchase, and unboxing is a chance to experience something amazing. Welcome to the future of shopping—welcome to the LG online store!”
Visit LG.com/za to explore LG's new online store and experience the future of electronics shopping.
Distributed by APO Group on behalf of LG Electronics.
The 2024 Festival of Motoring served up an abundance of good news for motoring enthusiasts, including the local unveiling of several new internal combustion engine (ICE) and EV models, amongst these the new Ford Mustang and VW T-Cross, as well as Jetour J6 and BYD Seal EVs. Product launch activity is bound to stimulate the …
Verdant IMAP (www.Verdant-Cap.com) has advised Germany-based DEKRA SE on the sale of DEKRA Automotive (“DEKRA”), the largest independent vehicle testing group in South Africa.
South Africa-based DEKRA specialises in legislated automotive roadworthy testing through its vehicle inspection and testing stations nationwide and also provides other non-regulated inspection services such as certification services, condition reports and technical inspection checks.
DEKRA SE, headquartered in Stuttgart, Germany with operations in 60 countries, completed over 31 million vehicle tests in 2023.
The transaction attracted strong interest from private equity and strategic buyers alike.
The transaction reinforces Verdant IMAP's position as a leading advisor in the industrials sector, as well as its success supporting M&A exits for a broad range of clients, including leading multinationals, private equity and owner managers.
Terms for the transaction were not disclosed.
Distributed by APO Group on behalf of Verdant Capital.
Media enquiries:
Orient Mahonisi
orient.mahonisi@verdant-cap.com
About Verdant IMAP:
Verdant IMAP is a leading investment bank operating on a pan-African focus, specialising in M&A and in private capital markets. Verdant IMAP is the IMAP partner firm for its region. IMAP with partner firms in nearly 50 countries, with over 600 M&A professionals, completing over 200 M&A transactions per year, reinforces Verdant IMAP's capability to deliver innovative financial solutions to clients across Africa and around the World. www.Verdant-Cap.com
