There have been widespread calls for data costs in South Africa to be reduced in recent years. In 2018, the entry of a new competitor, Rain, shows how increased competition in South Africa’s telecommunications industry can reduce data costs and increase innovation. Since 2013, the price of a 1GB data bundle has not fallen below R149 (with the exception of Telkom Mobile).
HEINEKEN DEVELOPING A TASTE FOR LOCAL CRAFT BREWERS
One of the world’s largest brewing houses, Heineken, has taken a step towards a larger share of the South African beer market with the acquisition of the local black owned craft brewer, Soweto Gold, in October 2017. This development comes just months after Heineken bought out the Stellenbosch-based brewery, Stellenbrau. The mergers mean that the brands can now be marketed to a global customer base. While this may be good for the respective owners of the acquired firms, the transactions reflect the challenges faced by Soweto Gold and other small brewers in accessing routes to market on their own.