In Brief It’s a Jungle out there
A smart move from Tiger Brands, with the launch of its ready-to-drink (RTD) Jungle Oats Drink range, a plant-based on-the-go snack and functional food, and the only one of its kind in the local market. Oat milk has already achieved traction globally as an improvement upon soy and almond as a dairy alternative, and functional foods are already going gangbuster here in SA, just ask Futurelife. Who, by the way, has just launched its second concept store, at Canal Walk in Cape Town, providing easier than usual access to Futurelife products, co-branded Adidas fitness apparel, a Smart café, and a variety of dietetic services designed to promote healthy living. Finally, Komuniti, an app that facilitates stokvels, funeral donations, stokvel borrowings, and a wide range of other financial products and services, is teaming up with banking as a service (BaaS) and embedded finance enabler, Ukheshe, to bring digital banking to more South Africans.
Comment: Three stories which together paint a picture of the innovation and sophistication of our unique homegrown market.