23.11.2020 12:59 pm
A surprising finding is that almost half (45%) of online shoppers have never returned a product bought online.
All of us had moved our lives online in one way or another and online shopping was probably one of the ways that would stay. South African consumers had made the move to buying everything online and companies selling their wares online had to take note of who online consumers were, and what they expected and wanted.
One implication is that the government is spending money it does not have, worsening its indebtedness to the point of implosion.
“The ability of government to digs in its heels to curb expenditure growth will determine how successful it is in stabilising the debt ratio in the next five to ten years.”
“I am glad I am not him. Our economic situation is getting exceptionally bad and he has to say where the money will come from for the president’s plan.”
The Medium-Term Budget Policy Statement is expected to be a stark and difficult statement of SA’s financial outlook.
Sustainable finance may not yet be as mainstream locally as it is globally, but it is gathering momentum.
Economists are positive over Ramaphosa’s plan to save the country’s economy, but question where the money will come from to reach his ambitious targets.
“We already have too many plans, what we need is more implementation. More plans will not help and the president did refer in a recent speech to the need for implementation.” – Prof. Jannie Rossouw, interim head of the Wits Business School
Despite increased financial responsibility, domestic workers’ earnings dropped from 63% earning more than R2500 before the pandemic hit, to 74% earning less than R2500 currently.
The White House cancelled a planned campaign rally in the crucial swing state of Florida on Friday, and 32 days before the November 3 vote against Democrat Joe Biden, it also looked certain Trump would have to cancel a slew of other trips scheduled for this weekend and next.
Gerhard Kotzé says couples who are buying a home together can use their total household disposable income to gauge how much house to buy.
There is likely little concern for any lasting effects from the pandemic’s initial impact on the market, at least for the products considered by the Competition Commission in its second quarterly report on Essential Food Pricing.
In the report, it states that underperformers try to style themselves as whistle-blowers when called to account.
Though it is illegal, children’s grants and temporary grants are widely used as collateral for debt, the Black Sash and the London School of Economics and Political Science found.
There is no reason for optimism about the Johannesburg Stock Exchange and the country’s economy.