Online retail in South Africa will reach 1% of overall retail during the course of 2016.
This is according to the Online Retail in South Africa 2016 report, released earlier this year by technology consultancy World Wide Worx. Notably, the report indicated that online retail continues to grow at a rapid rate in South Africa, having maintained a growth rate of above 20% since the turn of the century. In 2015, the rate of growth was 26%, taking online retail to the R7.5 billion mark.