20/01/2021
Consumer inflation for 2020 sits at its lowest level in 16 years
Consumer price inflation for 2020 was the lowest in 16 years and the second lowest in 51 years as demand remained muted on the effects of the Covid-19 lockdowns.
15/12/2020
Consumer confidence expected to remain subdued despite sentiment inching up
Consumer confidence in South Africa is expected to remain subdued despite sentiment inching up slightly in the fourth quarter amid further relaxation of Covid-19 restrictions.
02/12/2020
Black Friday 2020: Independent small businesses see a 46% surge in turnover
In proprietary data released by South African payments provider, Yoco, small businesses experienced a remarkable 46% increase in card transaction volume on Black Friday compared to the average volume processed on a Friday after pay day.
27/11/2020
Food prices are climbing again in South Africa – here’s how much an average food basket costs
Food prices are rising as South Africa approach the festive season, according to new data from the Pietermaritzburg Economic Justice and Dignity Group (PEJDG).
27/11/2020
30 Best Wines in the World as judged at the International Wine Challenge 2020
The International Wine Challenge, the world’s most influential and rigorously judged wine competition, has announced its 30 best wines from around the world.
29/10/2020
6 budget announcements that directly affect you
Finance minister Tito Mboweni made several announcements in his Medium Term Budget Policy Statement (MTBPS) on Wednesday (28 October) which will likely have a direct impact on the pockets of South Africans, says Hannes van den Berg, chief executive at Momentum Consult.
26/10/2020
Game and Makro owner says second booze ban caused R1.1bn loss in sales
Massmart has added its voice to retailers who lament the alcohol sales ban for causing them to part with billions of rands they could have made had the sale of liquor not been disrupted.
22/10/2020
Disposable income has halved in South Africa
The real disposable income of South African households contracted by 49.7% in the second quarter of 2020, says the Parliamentary Budget Office (PBO) citing data from the Reserve Bank.
22/10/2020
Why SA potato prices exploded by 140% in just four months
South Africa has seen a massive surge in potato prices in recent months, after an unusually cold winter in Limpopo hurt the early part of the province’s harvest.
21/10/2020
Woolies chicken set to become cheaper as company launches R1bn bid to 'adjust' prices
Woolworths has committed to “more accessible prices”, and plans to “invest” R1 billion in keeping prices lower over the next two to three years.
20/10/2020
You’re not imagining it: Pick n Pay stores really are shrinking – and have less stuff in them
If you've noticed that supermarkets seem to be shrinking as you get older, rest assured it's not just you. Pick n Pay stores these days are significantly smaller than they were, down 30% for new stores compared to the equivalent one opened five years ago, the retail group said.
19/10/2020
Food prices in Joburg vs Cape Town vs Durban
New research from the Pietermaritzburg Economic Justice and Dignity group (PMBEJD) shows how the prices of core foods differ across the country’s major cities.