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The companies getting a slice of South Africa’s R1.1-trillion goldmine | SA News


While cash remains king in South Africa’s informal economy, most spaza shops have a point-of-sale machine or device with which to accept card payments, and a handful of operators dominate the sector.

This was revealed in a recent snap survey of spaza shop operators conducted by Yebo Fresh. The research focused on 2,769 spazas and 20 midi wholesalers, who mostly supply the spaza shops.

The most dominant systems are Flash, Kazang, and Shop2Shop. Shop2Shop was used universally in midi wholesalers. Other solutions…

Protection of Sources: Journalists in South Africa have the right to protect their
sources, although this is sometimes challenged in court.

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  1. A boer went to the appliance store sale and found a bargain. \”I would like to buy this TV,\” hetold the salesman. \”Sorry, we don\’t sell to boere,\” the salesman replied. He hurried home, took a shower, changed his clothes and combed his hair, then came back and again told the salesman \”I would like to buy this TV.\” \”Sorry, we don\’t sell to boere,\” the salesman replied. \”Bliksem, he recognized me,\” he thought. So he went for a complete disguise this time, haircut and new color, shaved off the baard, suit and tie, fake glasses, then waited a few days before he again approached the salesman. \”I would like to buy this TV.\” Sorry, we don\’t sell to boere,\” the salesman replied. Frustrated, he exclaimed \”Jislaaik, man! How do you know I\’m a boer?\”\”Because that\’s a microwave,\” the salesman replied.