Building materials retailer Cashbuild expects weak trading conditions to persist in the remainder of its financial year due to low consumer and business confidence as well as a declining economy.

SA’s economy contracted 1.4% in the last three months of 2019, worse than the 0.2% fall expected in the Bloomberg forecast. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now