According to the National Stokvel Association of South Africa (NASASA), four main categories of stokvels can be identified - basic revolving savings schemes, loan schemes, home loan schemes and shared buying schemes. The main economic spenders around the end of the year are the shared buying scheme members, who use wholesalers and other retailers to purchase in bulk.
By Tseko Shibambu 10 Jan 2012
The advent of the Internet has brought with it opportunities and new marketing techniques. Sales people offer prospects face-to-face and verbal communication which depends on their innate ability to be successful. Content marketing provides online information that the public needs in order to make the right decisions.
By Tseko Shibambu 28 Sep 2011
Companies have evolved significantly from the pre-industrial revolution, where employees were only seen as providers of an exchange process where they were remunerated for their labour without regard to their well-being and satisfaction. Anecdotally, though it may seem mindboggling, some companies today are still struggling to break-free from this practice.
By Tseko Shibambu 30 Aug 2011
As the South African authorities, opinion leaders and opinion formers (such as trade unions and economists, the general public, and every Mr-Know-It-All) prepare to comment and/or dent the prospects of the proposed Massmart/Walmart deal, Walmart has launched a very brave and ingenious PR campaign.
By Tseko Shibambu 10 May 2011