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With the State of the Nation address due to be delivered by President Ramaphosa this Thursday, Eighty20, South Africa’s leading consumer analytics and research firm has released an overview of the actual state of the nation with key statistics to paint the full picture
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South Africa’s retail figures for November, including the Black Friday period were released recently by StatsSA. These insights may be a sneak preview into the state of December’s retail.Â
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This January, more than 15 million children returned to school, making the parents who have been entertaining them for many weeks very happy, but is the economy seeing the benefit of an educated workforce?
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It would appear that South Africans have also started to see some improvements in their financial circumstances.
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Leading up to the holiday season, South Africans are preparing to ditch the work shackles and enjoy a well deserved break. For some, this will include travel, entertaining, and purchasing of gifts. This increased expenditure creates a spike in retail sales which is significant, and of late has been a lifeline for retailers.
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Do you feel your prepared food, grocery, restaurant, and food delivery behaviours have changed over the past few years? If so, you are not alone.