#PODCAST Stats show that consumers scaled down spending significantly during Black Friday last year #sabcnews

By Newsbreak Producer Matthew Veeran - Statistics show that South African consumers reined in their purse strings over Black Friday last year due to a tough economy. That's according to the latest Stats SA data. Experts say the numbers point to one glaring revelation - that it seems like South Africans are no longer in a frenzy over Black Friday shopping. I spoke to Senior Portfolio Manager at Benguela Global Fund Managers, Grant Nader. He says people are still interested in shopping on Black Friday, but also explained how habits have changed due to the financial pressures...