Black Friday slump: Bad timing, blackouts and tough times
But online and contactless transactions seem to be on the rise.
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But online and contactless transactions seem to be on the rise.
Currently, entertainment accounts for 12% of customer spend
Rain, in which African Rainbow Capital Investments holds a 20.3% interest, has until now primarily focused on the home internet market...
South Africa’s middle-income earners are barely breaking even and, experts say, they’re headed for a tighter money crunch as a perfect storm is stirred up by increased interest rates, rising inflation and steeper fuel prices. South Africa’s middle-income earners are barely breaking even a...
First National Bank (FNB) on Tuesday said South Africans are financially stretched, with middle-income consumers spending 80 percent of their monthly salaries in the first five days after payment and surviving by 20 percent in the following days. They said the salaried middle-income consumers with secured and unsecured credit spend,…