Naspers Ltd., the most valuable company in Africa, is escalating its investments in its online retailer in South Africa to brace itself ahead of Amazon.com Inc.’s anticipated entry into the country’s rapidly expanding e-commerce sector. Phuthi Mahanyele-Dabengwa, the CEO of Nasper’s South African division stated, “We are pouring significantly more investment into our ventures”. She … Continue reading Takealot prepares for competitive face-off with Amazon in South Africa