FMCG and Tech & Durable goods saw a 4.1% YoY increase in value in Q3 2024, driven primarily by FMCG growth, while Tech & Durable goods recovered after experiencing flat growth in previous quarters. FMCG spending totaled R183 billion, with Tech & Durable goods reaching R31 billion in value.
Tag: consumers
South African consumers feel the big squeeze: 99% have changed their FMCG shopping habits to save money
According to NIQ, 44% of South African consumers feel they are in a worse financial position this year compared to a year ago. Of those respondents, 82% say that increased costs of living are to blame for their recent financial struggles, up from 76% a year ago. Nearly two-thirds (62%) state they are worse off due to the economic slowdown, up from 57% a year ago. These findings appeared in “Consumer Outlook 2024″, the latest NIQ Thought Leadership report capturing the mindset and sentiment of consumers around the world.
Shopping for sustainability: online stores and e-commerce merchants answer growing consumer demand
While 92% of South Africans say sustainability is important to them, only 58% claim to live sustainably according to a 2022 study by global consumer insights agency InSites Consulting. […]
Tapping into Africa’s fast-growing consumer market: Insights backed by technology
Connecting African consumers to companies like Uber and Diageo through cutting-edge consumer insights With household consumption and urbanization increasing on the continent, Africa represents a veritable […]
Connecting in a time of Covid: Redefining the human experience
Three YPO leaders share their learnings from a time of no-contact – and what other organisations need to know about retaining human connection It can […]
Competition law in post-pandemic Africa a key driver for market participation, consumer protection and fair practices
With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business […]
Affordable housing rental market looks increasingly attractive
The South African residential market offers an attractive opportunity in the affordable housing rental segment largely driven by low and middle income earners who […]
Sunil Joshi to address MEF Seminar 19th November 2012
14 November 2012 Midrand, Johannesburg, South Africa, Sunil Joshi, Managing Director and CEO of Neotel, South Africa’s first converged telecommunications network operator, will address the […]
Canadian Solar Supplies Modules for Turkey’s Largest Commercial PV Project: 540 kW Solar Power Plant at Izmir Airport Installed by Gehrlicher Merk Solar
First PV project under the new Turkish 500 kW law ONTARIO, Canada, Nov., 2012 /PRNewswire-FirstCall/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) […]
Mobile games partnerships on the rise in Africa
By Thandisizwe Mgudlwa EA has appointed Nazara Technologies to be their premier distributor of Mobile Games in Africa. And Nazara Technologies and EA leverage an […]