Black Friday boost unlikely to be enough to shore up growth
BankservAfrica data shows the total number of Black Friday transactions up 36% from 2018 — reaching 7.1-million
09 December 2019 - 19:20
Black Friday shopping is unlikely to turn around SA’s moribund economic growth prospects for 2019, despite an uptick in transactions and spending levels.
Data from FNB and payments clearing house BankservAfrica showed sharp increases in the size and volume of transactions, as SA consumers hunted for bargains on Black Friday on November 29. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.