Author: Justin Manson

Since the pandemic, unprecedented numbers of people have embraced technology and shifted to e-commerce. Consequently, transport companies have increased demand. This shift is as a significant opportunity for existing and emerging transport companies. According to Statista, revenues in the worldwide e-commerce market are projected to reach around US$3.18 trillion (R59.34 trillion) by the end of 2024. With an annual growth rate (CAGR 2024-2029) of 9.47%, volumes are expected to reach $5trillion (R93.3 trillion) a year by 2029 from 3.2billion active users, or a 44.4% population penetration (up from 36.6% in 2024). These rate estimates may be moderate, given the anticipated…

Eskom’s Chief Executive Officer, Andre de Ruyter, has warned that South Africa can expect another five years of load shedding as the country continues to face a shortfall of 4 000 megawatts. Not only do these rolling blackouts hinder the country’s economic growth, but they also contribute to the country falling behind in the rollout and adoption of electric vehicle (EV) technologies. According to an international study conducted by StressFreeCarRental.com, approximately 1 100 vehicles, out of 10 million on the country’s roads, are EVs. This number only increases by a handful every month, whereas globally, numbers are growing by up to…