Jumia announced this years Black Friday saw a 30% growth in value of goods sold on its platform

Jumia announced this years Black Friday saw a 30% growth in value of goods sold on its platform

E-commerce in Africa is rapidly expanding, and its potential remains enormous as more people gain access to the internet. According to the 2021 GSMA mobile economy report, 303 million people, or about 28 percent of the population, are connected to the mobile internet in Sub-Saharan Africa, and this figure is expected to rise to 40…

Online payment fraud  to increase by 208% amid the Black Friday season

Online payment fraud to increase by 208% amid the Black Friday season

In the run-up to Black Friday, there was an increase in phishing assaults that looked like e-payment pages. From September (627,560) to October 2021 (1,935,905), the overall number of financial phishing attacks disguised as e-payment systems more than doubled, representing a 208 percent rise. This and other discoveries are included in Kaspersky’s paper, ‘Black Friday…

Black Friday Report: The  Average Nigerian Shopper Will Spend N62,250

Black Friday Report: The Average Nigerian Shopper Will Spend N62,250

Black Friday sales are a fantastic experience for both shoppers and retailers. Shoppers receive massive discounts on products, while retailers smile from ear to ear as a result of massive sales. According to an online poll, the average customer is prepared to spend N62,250 during this year’s Black Friday sales. This is approximately 58 percent…

Think Before You Buy these Most Vulnerable IoT Devices This Black Friday

Think Before You Buy these Most Vulnerable IoT Devices This Black Friday

With the shopping season approaching, it’s likely that internet-connected gadgets and toys will be a popular item on many users’ wish lists, as more than 88% of people use IoT (Internet of Things) devices in their households. However, cybersecurity experts warn: Internet of Things devices can quickly go from fun to creepy, depending on how hackable they…

SA’s Black Friday 2021 – When Is It & What You Can Expect

SA’s Black Friday 2021 – When Is It & What You Can Expect

Black Friday is the retail holiday in many countries across the globe. The phenomenon was popularised in the US as a means for retailers to sell enormous quantities of stock at lower prices, and it has proven to be a successful event year after year. In South Africa, the Black Friday phenomenon began fairly recently…