Norman Nyawo Shares How Black Friday Presents Massive Growth Opportunity for Township SMEs
StartUp Magazine | 27.11.2025 19:55
Norman Nyawo Shares How Black Friday Presents Massive Growth Opportunity for Township SMEs. Black Friday and the broader Black November trading period have become important indicators of how South African consumers spend and how small businesses adapt. For many SMEs, including those operating in townships and the informal economy, these trading peaks highlight shifts in payment behaviour, customer expectations, and the role of digital tools in daily operations. To understand these evolving patterns, we spoke with Norman Nyawo, Head of Merchant Solutions for Business and Commercial Banking at Standard Bank. His insights offer context on how payment systems are changing, what SMEs are experiencing on the ground, and how digitisation is shaping today’s trading environment. Read about it below.
