South Africa's Biggest Retailer Shuts Stores as Shoppers Cut Back on Spending
Retail closures expose deepening household budget strain across South Africa.
Read more →Retail closures expose deepening household budget strain across South Africa.
Read more →Young Afrikaners find cultural refuge in isolated enclave as city living becomes unaffordable.
Foreign investment surge supports rand gains amid persistent domestic economic headwinds
Budget airline's sudden exit exposes structural weaknesses in low-cost aviation model
South African currency weakens amid global geopolitical tensions and energy market volatility
Retailers and hospitality businesses struggle as operational costs surge amid weak consumer spending.
Major lenders maintain earnings stability amid consumer financial strain and rising borrowing costs.
Retailers see cautious gains as household budgets remain constrained by energy and fuel costs.
Economic pressures from energy and food costs threaten consumer spending capacity