WATCH: How consumers are celebrating Black Friday
FNB senior economist Siphamandla Mkhwanazi talks to Business Day TV about how the extreme sales could affect the SA economy
SA showed a more than 1,900% increase in sales on Black Friday in 2018 compared with an ordinary day, according to Black Friday Global Data.
A survey by PwC shows that SA consumers plan to spend 36% more in 2019 compared with last year. What effect would that have on the country’s overall growth metrics? ..