[TOP STORY] Mid- to upper-tier spending takes a hit as township economies thrive

Loading player...
‘We do believe [there is] a huge uptick in township economy spending, but that's predominantly still cash although there are a lot of incentives to digitise spending there’ – Isana Cordier from Absa CIB.
31 Oct 2024 3AM English South Africa Business News · Business

Other recent episodes

Reits are back and they’ve had another great year

Nick Kunze from Sanlam Private Wealth on Netflix’s $72 billion move for Warner Bros, Stor-Age’s book build priced above NAV, and Moody’s decision to hold SA’s rating steady. Craig Lawrence from BDO Wealth Advisers weighs in on why so many South Africans remain underprepared for retirement. Phryne Williams, Capital Assignments…
8 Dec 12AM 22 min

Telcos quietly having a great year

Schalk Louw from PSG Old Oak on Vodacom lifting its Safaricom stake and a strong year for telcos, with Cell C’s debut drawing a +15% Allan Gray stake – is there still value heading into 2026? Wesley Diphoko from Fast Company SA explores whether Africa risks becoming an AI user…
5 Dec 12AM 20 min