And R447.7 billion was returned to taxpayers, says South African Revenue Service commissioner Edward Kieswetter
A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures
Businesses are finding tangible ways to give back – but only because consumers demand it
Chief executives can make or break a brand
The recession is ‘entirely home-made’ and could be deepened by widespread political uncertainty
For most local municipalities, spending money on entertainment comes a lot more naturally than earning income or complying to budgetary restraints
The platinum strike, rising inflation and other factors have contributed to a "bleak outlook for consumer spending", according to a new report.
Trade and tax data have improved the outlook marginally, but consumer spending remains cautious.
Chinese economic reforms, including allowing only-child parents to have more than one child, are poised to inject growth into much of the economy.
Massmart chief executive Grant Pattison says consumer spending has stagnated, while debt levels have increased.
All eyes are on consumers as the markets wait for updates on the eurozone recession, US consumer sentiment and SA retail sales, writes Matt Quigley.
Consumer confidence plunged to a nine-year low during the first quarter of this year‚ signalling that household spending would be subdued this year.
Despite signs of economic growth, inflation and energy fears have put a damper on South Africa’s economic forecasts.
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/ 24 December 2011
South Africans are spending less on food and health care compared to the last two years, said debit and credit card distributor Sureswipe on Friday.
Spark ATM Systems has reported healthy growth in consumer spending in its monthly Spark Cash Index, which was released on Thursday.