Takealot refunds about R10 MILLION following the #BacktheBucks promotion

Loading player...
GUEST - Julie-Anne - Chief Marketing Officer at takealot.com

The Springboks’ historic victory at the 2023 Rugby World Cup will see Takealot and Samsung refund an estimated R10 million worth of TVs.

The pair ran its #BacktheBucks promotion for a second year, calling on South Africans to back the national rugby team by purchasing one of five TV models. If the Springboks won the Rugby World Cup, every customer would be refunded the full amount they paid.
30 Oct 2023 4PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min