SA e-commerce growth drives demand for logistics spaces: Equites Property Fund

  Amid the global pandemic, Covid-19 has accelerated e-commerce penetration globally thus fuelling demand for prime modern logistics space. In SA, retail and supply chain driven warehousing and logistics sectors will continue to boost demand for e-commerce. Laila Razack Some South African national retailers have seen online sales increasing during lockdown. While e-commerce is yet to peak in South Africa, the pandemic is driving this trend, according to Equites Property Fund. The company revealed this in an investor presentation of its interim results released this week. The JSE-listed specialised industrial Real Estate Investment Trust…

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KZN launches first bulk buying and warehousing programme

DURBAN – A province-wide launch of a groundbreaking bulk buying facility has made prospects of generational wealth creation and grassroots investment an achievable reality for thousands of KwaZulu-Natal entrepreneurs. That was the assessment by the MEC for Economic Development, Tourism and Environmental Affairs, Sihle Zikalala following the official launch of KZN’s Bulk Buying and Warehousing Programme in Mandeni today. The launch marks a huge milestone by the KZN Provincial Government and the people of KwaZulu-Natal and comes hot on the heels of a number of roadshows in various districts to familiarise…

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Pilot project shows how robots streamline warehouse operations

Technology group Wärtsilä and DHL have completed a successful pilot, where the companies tested mobile robots of Fetch Robotics in the daily operations of the warehouse. (video) The companies also wanted to gain a greater understanding of the added value of robotics in a warehouse environment and to learn about the human–technology interface between robots and employees. “There are exciting times ahead as we gear up to work side-by-side with robots in our operations. This technology allows us to seamlessly improve our customers’ supply chains, whilst relieving our employees from…

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