Tag: consumer spending

South Africans welcome the StatsSA announcement that inflation has fallen to 3.8%, the lowest since March 2021. However, this decrease will not necessarily lead to immediate price reductions. As a result, consumers will keep searching for specials, loyalty programmes, and discounts. These strategies help them stretch their money further.

It is no secret to everyday consumers and industry professionals that South Africa’s retail industry has faced many obstacles throughout the years. Between the rise in load shedding hours, the extended economic effects of the COVID-19 pandemic, poor infrastructure, inflation, constrained consumer spending and unemployment, SA’s retail giants have certainly had to overcome some tough challenges.

Generation Z, born between the late 1990s and early 2010s, is moving into the workforce and becoming one of the most influential consumer demographics. Retailers will need to adjust their strategies if they are to remain relevant for this highly educated, socially aware and digitally connected cohort.

In recent years, market uncertainty has become the norm, leaving most investors actively searching for opportunities that offer them stability and long-term growth potential while limiting volatility in the face of constantly shifting economic sands. Against this backdrop, the luxury goods sector has emerged as a compelling investment opportunity for investors.

Catherine Wijnberg | CEO | Fetola | mail me | The 2024 budget speech was a fine balancing act between stabilising the country’s debt burden...

Valentine’s Day is around the corner and it’s a special day to celebrate and show love to our loved ones. As rewarding spoiling your loved ones may be, it doesn’t mean you should break the bank, more so if you didn’t budget and plan for it.

Black Friday has grown in prominence in South Africa over the last few years and has fundamentally changed the way South Africans shop. While average spending in November has historically been higher than in the first 10 months of the year, it was always well below the traditional festive season trading numbers recorded in December.

Since emerging from the grips of the COVID-19 pandemic, various industries across Africa have rebounded relatively well after having to undergo a process of reinvention. Across the continent, key multibillion dollar industries are navigating new challenges to meet consumer needs and retain a strong customer base. For Africa’s entertainment and media (E&M) industry, 2022 was a challenging year.

In a world that's becoming increasingly interconnected, investing beyond the borders of your home country is not just an option, it’s a valuable and prudent strategy for anyone seeking to enhance their wealth. Thanks to advancements in technology, international investments are now more accessible than ever, allowing individuals to build and manage global portfolios from anywhere in the world.

After a long, hard year, many of us look forward to charging full steam into the festive season; spending and spoiling ourselves and our loved ones with abandon. And when it comes time to deal with the consequences of our financial decisions…well, isn’t that what January is for?