SAfricans over purchasing on credit: Economist

South African consumers have over the few last weeks flooded the country’s stores, buoyed on by end of year bonuses and festive season sales. Despite the country’s economy seen as being at its weakest in years, this has done little to damper consumers from spending their hard earned cash. But[…]

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Consumers cut back on holiday spending: survey

South Africans will cut back on travel and socialising over the festive season in favour of buying food amid tough economic conditions, according to a survey released on Thursday. According to Deloitte’s “Year-End Holiday Survey 2014: Savvy Spenders on the Rise”, consumers are expected to be more pragmatic in their[…]

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