Holiday shopping in December fuels another strong month for consumer spend.

Loading player...
GUEST – Solly Bellingan, Head of Marketing at BankservAfrica.

The December 2024 holidays lived up to its reputation as a peak shopping month, with spending showing healthy signs of growth, according to the latest data from BankservAfrica. “The continued year-on-year seasonal uptick highlights the December holidays as a significant contributor to the economy,” says Solly Bellingan, Head of Marketing at BankservAfrica. “The month also reflected steady spending patterns following Black Friday's strong performance.”
30 Jan 12PM English South Africa Business News · Investing

Other recent episodes

South African REITs Outperform Global Peers: Real Estate Trends to Watch in 2026.

GUEST – John Jack, CEO of Galetti Corporate Real Estate South Africa’s listed property sector has staged one of the strongest comebacks in the global real estate market and investors are taking notice. While many international property markets continue to battle slow growth and volatility, South African REITs have surged…
15 Dec 2PM 16 min

Cocoa Prices fall significantly amid ongoing festive season.

As cocoa prices retreat sharply from last year’s record highs, questions are emerging about whether this correction signals genuine relief or just a temporary pause in a structurally fragile market. We unpack the dramatic shift in the global cocoa market, where prices have fallen by around 45% since the start…
15 Dec 2PM 10 min

South Africa’s Biggest Cash-System Reform in 40 Years

GUEST: Kokkie Kooyman – Banking Analyst and Director at Denker Capital Cash is still king for millions of South Africans but the system that keeps it moving is costly, fragmented, and increasingly under strain. In what could become the most significant change to South Africa’s cash ecosystem since the introduction…
15 Dec 2PM 11 min