Latest News & Developments
consumer confidence
Slower manufacturing price pressure points to a potential interest rate cut
Discover how recent trends in manufacturing price pressures could signal a shift in interest rates, with insights from leading economists on inflation forecasts and economic stability.
US consumer confidence falls to lowest level since 2021
The March figure was below market expectations of 94. 2, according to Briefing. com, and underscores the sharp decline in confidence since the 2024 presidential elections.
Employees need at least 5% salary increase just to maintain spending power - tax expert
Given the recent Budget's impacts on South Africans plus unchanged interest rates, consumers are in for a hard time.
Interest Rate Straitjacket: SA’s economy chokes under borrowing costs
As South Africa faces the repercussions of recent interest rate decisions, the effects on consumers and businesses are becoming increasingly evident
Retail sales surge by 7% in January as consumers spend more
South Africa's retail sector kicks off 2025 with impressive growth, as January sees a 7. 0% year-on-year increase in sales, driven by improved consumer spending power and a favourable economic environment.
Vehicle search data shows boost in South African consumer confidence early in 2025
'Do it Big' campaign celebrates the boost in vehicle search data for the first two weeks of the year.
Credit appetite of SA consumers grows despite high interest rates: TransUnion
Originations, which are a measure of new accounts opened, saw the strongest quarter year-over-year growth in personal loans, up by 20%.
South Africans strategise to combat rising costs: A glimpse into changing consumer habits amid economic strain
South African consumers are changing the way that they shop to start saving money.
Avoid the Black Friday hype, warns National Credit Regulator
The National Credit Regulator (NCR) has urged South Africans to avoid being influenced by the hype generated around Black Friday and Cyber Monday, as not everything on sale may be a bargain.
Black Friday: Check for expiry dates on food items, warns Department of Health
Consumers are urged to be wary of purchasing fake goods this Black Friday.
Fais Ombud helped consumers reach settlements with financial services providers
Fais offers recourse for consumers against advisers and providers who take shortcuts in order to make a sale.
Consumers were cautious with finances in the third quarter of 2023
This information is contained in the latest Consumer Financial Vulnerability Index (CFVI) by Momentum and Unisa for the third quarter of 2023.
Coega Special Economic Zone - A story of good progress
Coega SEZ is a crucial driver of investment, economic development, job creation and overall economic growth.
Police probe two suspected poisoning cases after 3 relatives and child die
The three relatives ate home-made spaghetti and mince, while the toddler is believed to have eaten biscuits bought at a local shop.
Philip Morris South Africa gets new head of IT to transform legacy structures
Mary Mahuma has been appointed to lead PMSA’s technology and operations as it transforms its core operating model.
Technological disruption and economic pressures among challenges faced by insurers
Head of strategy and insights at Hollard Life, Mark Berrington, says that the Covid-19 pandemic has resulted in millions of people being laid off, and many having had to contend with salary cuts.
83% of SA consumers choose human connection over digital, survey finds
The report seeks to gain insights into the customer experience preferences of local consumers.