HomeChoice delivers profit, thanks to PayJustNow offering
Retail business continues to take a back seat.
Source: moneyweb.co.za
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Retail business continues to take a back seat.
The financial services arm of HomeChoice International is taking more of a front seat, with the company revealing this week that it has earmarked R1.5-billion for future fintech ventures.
During the Covid pandemic, companies became familiar with pivoting to change their business model or focus to survive.
While the retail business the group is historically known for takes a back seat, reporting sales and revenue slumps.
A look at the state of buy-now-pay-later (BNPL) in South Africa.