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The Cashless Illusion: Why South Africa Isn’t There Yet

The Cashless Illusion: Why South Africa Isn’t There Yet

by Cashnet Logistics | Jul 24, 2025 | Cash is King

Despite South Africa’s well-developed banking sector and an adult financial inclusion rate of 96%, the country remains a predominantly cash-driven economy – especially among small businesses, townships, and lower- to middle-income groups. The South African...
Cash Still Counts: Why High Cash Volumes Persist Despite Digital Growth

Cash Still Counts: Why High Cash Volumes Persist Despite Digital Growth

by Cashnet Logistics | Jun 11, 2025 | Mastering the Art of Business

While South Africa’s payment landscape is evolving, cash continues to play a critical role in the daily operations of many businesses — especially those with high transaction volumes like fuel stations, convenience stores, and local retailers. According to Statista’s...
Trump’s Tariffs: What They Mean for South African Businesses

Trump’s Tariffs: What They Mean for South African Businesses

by Cashnet Logistics | Apr 29, 2025 | Mastering the Art of Business

The recent 31% tariff imposed by the United States on South African imports has sent ripples through the local economy, especially for small-to-medium enterprises (SMEs) that rely heavily on cash transactions — like fuel stations, retail stores, wholesalers, and...
Monetary Policy Committee Statement & What it Means for Your Business

Monetary Policy Committee Statement & What it Means for Your Business

by Cashnet Logistics | Mar 26, 2025 | The Key to Financial Health

The South African Reserve Bank’s latest Monetary Policy Committee (MPC) statement, released on 20 March 2025, highlights a global economy in flux. Inflation remains a concern, trade relationships are shifting, and growth forecasts remain uncertain. As businesses...
Exciting News – Cashnet Logistics Joins the Vertex Family!

Exciting News – Cashnet Logistics Joins the Vertex Family!

by Cashnet Logistics | Feb 20, 2025 | Cashnet News

We’re thrilled to announce a significant milestone – Vertex has acquired Cashnet Logistics! This partnership marks an exciting new chapter, bringing together two trusted names in cash and security management to offer even greater value to our customers. What...
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