Black Friday & Cyber Monday sees strong support for local retailers

The cost of living crisis spurred by rampant inflation and interest rate increases in the past year did not deter South African shoppers from bagging their favorite Black Friday and Cyber Monday deals. Online retailer Take-a-lot reported record spending while Payfast processed a single transaction of over half a million rand. For more on the business of Black Friday CNBC Africa is joined by Tumelo Ramugondo, Head of Credit Card at Standard Bank South Africa and James Williams, Marketing Manager and Data Analyser at Wonga.
Tue, 28 Nov 2023 11:13:45 GMT