The state of the South African consumer

Consumers have been under a tremendous amount of pressure, most markedly by the Pandemic, forgetting that it was already under pressure, and thereafter the continued rising inflation, higher interest rates and heightened geopolitical uncertainty, rising now from the war in the Ukraine and, Europe energy crisis, the struggling Chinese economy and indicators of a looming recessions across several countries. Joining CNBC Africa for a closer look into the current state of the South African consumer is Annabel Bishop, Chief Economist at Investec, Isaah Mhlanga, Executive Chief Economist at Alexander Forbes and Roelof Botha, an Independent Economist.