SA retailers bank on home market at just the wrong time
SA consumer spending is shrinking and unemployment is at a record high, but many retailers are pulling out of the rest of Africa
17 November 2020 - 11:57
After a losing bet on the potential of economies across the African continent, SA retailers are in retreat to their home market — and their timing could hardly be worse.
In recession-hit SA, consumer spending is shrinking as unemployment hits a record high...
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