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Retail sales continue to decline with fashion the only silver lining

According to Statistics South Africa, South Africa’s retail trade shrank in real terms a further 1.4% YoY in May, marking the sixth consecutive month of lower year-on-year retail activity.

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Unlocking the Power of Local Data

Eighty20 recently joined a panel of industry leaders, including the CEO of Takealot Group, to discuss how marketers can better use data to help their brands achieve sustained success.

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South Africans save for food and funeral costs

Savings are crucial during stressful periods for individuals and households alike. In the peak of Covid-19 times, when mobility was restricted, and only essential services and outlets were operational, many of us had to dip into our savings.

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South Africans put cold beer at the top of their drinks list

In South Africa, alcohol takes centre stage for toasts, whether it’s a special occasion or a sports game. A beer around the braai or a glass of wine at a book club has become a lifestyle. While South Africans revel in their liquid traditions, they do not hold the title for the highest alcohol consumption in the world.

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Increased credit stress crippling even the wealthiest

As South Africans began 2023 experiencing a quarter of every day without electricity, coupled with rising interest rates and a weakening currency, it seems the significant pressure consumers were feeling at the end of last year has only escalated.

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Credit Stress Report 2023 Q1 is now available

The Eighty20/XDS Credit Stress Report for the first quarter of 2023 looks at the impact of economic forces on the South African consumer, with particular focus on their credit behaviour.

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