'‘Government must allow e-commerce during lockdown like China did in Wuhan'
Lockdown regulations compel all shops to close, except where “essential goods” are sold.
“Essential goods” are defined as any food product (including beverages that don’t contain alcohol), pet food, any input used to produce food, various cleaning and hygiene products, medical supplies, fuel, basic goods such as airtime and electricity, etc.
Takealot is lobbying the government for more goods to be allowed.
Is there a case for broadening what counts as “essential goods” for e-commerce?
The Money Show’s Bruce Whitfield interviewed Adrian Zelter (Portfolio Manager at Coronation Fund Managers) and Kim Reid, CEO at Takealot.com.
The definition of essential goods changes [after a few weeks of lockdown] …Adrian Zelter, Portfolio Manager - Coronation Fund Managers
I understand the need for limiting the movement of people. That’s where e-commerce can play a role… Pretty much every country under lockdown has allowed e-commerce…Adrian Zelter, Portfolio Manager - Coronation Fund Managers
We’re limping along because we’re only delivering essential goods… None of the grocery guys are geared for volume…Kim Reid, CEO - Takealot.com
In China amidst the crisis… the government encouraged them [e-commerce companies] to ramp up their services…Kim Reid, CEO - Takealot.com
We’ve had calls from people with mentally challenged kids who need toys. We can’t help them… It’s been deemed as non-essential…Kim Reid, CEO - Takealot.com
E-commerce is perfectly geared for this environment!Kim Reid, CEO - Takealot.com
Listen to the interviews in the audio below.
This article first appeared on CapeTalk : '‘Government must allow e-commerce during lockdown like China did in Wuhan'
It cannot stop its furnaces, so it must keep them going. Bruce Whitfield interviews Mike Arnold, CEO at Consol Glass.Read More
Treasury is mulling raising taxes, says Prof Adrian Saville, Chief Executive of Cannon Asset Managers.Read More
"I have witnessed this device saving lives," says Dr Warren Gregorowski of the proudly South African device.Read More
"Family meeting" – the scariest words in the English language. Bruce Whitfield interviews News24 Political Editor Qaanitah Hunter.Read More
"It’s mandatory for medical schemes to pay for for the Covid-19 vaccine," says Dr Ryan Noach, CEO at Discovery Health.Read More
The President is addressing the nation on measures it's taking to combat the 2nd wave of Covid-19, now washing over South Africa.Read More
Dr Johan Ferreira (Senior Lecturer in Statistics at UP) on the chance of contracting Covid-19 compared to other dangers.Read More
It’s heart-breaking; the results of a study by Finfind and the Department of Small Business Development.Read More
Investors are getting ahead of themselves, warns Pieter Hundersmarck, a fund manager at Flagship Asset Management.Read More
Pfizer is on the verge of cracking a Covid-19 vaccine, says Dr Glenda Gray, CEO at Medical Research Council.Read More