Consumer Spending
latest news & developmentsSars collects R1.855 trillion in revenue, driven by personal income tax
And R447.7 billion was returned to taxpayers, says South African Revenue Service commissioner Edward Kieswetter
Reserve Bank expected to cut rates by 25 basis points this week
A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures
Looking inwards
Businesses are finding tangible ways to give back – but only because consumers demand it
Transparency in the age of oversharing
Chief executives can make or break a brand
Consumer fears hurt the economy
The recession is ‘entirely home-made’ and could be deepened by widespread political uncertainty
No money? No problem! SA’s municipalities splurge on entertainment they can’t afford
For most local municipalities, spending money on entertainment comes a lot more naturally than earning income or complying to budgetary restraints
Expect low private consumer spending in 2014
The platinum strike, rising inflation and other factors have contributed to a "bleak outlook for consumer spending", according to a new report.
Consumers uninspired by good news
Trade and tax data have improved the outlook marginally, but consumer spending remains cautious.
China reforms poise to reshape landscape
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: Consumer spending slowing down
Massmart chief executive Grant Pattison says consumer spending has stagnated, while debt levels have increased.
Economic week ahead: Consumers take centre stage
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 hits nine-year low
Consumer confidence plunged to a nine-year low during the first quarter of this year‚ signalling that household spending would be subdued this year.
Caution tarnishes the silver lining
Despite signs of economic growth, inflation and energy fears have put a damper on South Africa’s economic forecasts.
Spending on food and health drops
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.
Consumer spending growth healthy, index shows
Spark ATM Systems has reported healthy growth in consumer spending in its monthly Spark Cash Index, which was released on Thursday.