A Stronger Rand: A Boost for South African SMEs
The South African rand has been on a winning streak, reaching a 20-month high against the US dollar. This strengthening currency is not only good news for consumers but also for Small and Medium Enterprises (SMEs) across the country. Understanding the Rand’s Rally Several factors are contributing to the rand’s impressive performance. One of […]
Navigating the Storm: Challenges Retailers Must Confront to Counter Chinese Fast Fashion Onslaught
In the dynamic world of fashion retail, the emergence of Chinese giants like Shein and Wish has disrupted the industry with their lightning-fast turnaround times and wallet-friendly prices. These companies have mastered the art of quick and affordable fashion, forcing traditional retailers to rethink their business models. Failure to adapt to this changing paradigm could […]
Covid is almost over, but the shipping backlog is getting worse.
The industry is under massive strain with the Covid-19 pandemic, and the shipping backlog, and logistics industry, is still under pressure. The issue of global lockdowns created a shipping container backlog on continents. Ships did not return the empty containers from North America to the Asian countries that shipped the required supplies and products. The […]