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Two lounge chairs by a pool overlook a tropical beach with palm trees and turquoise ocean. Matric exams behind you, sip iced drinks with fruit garnish under sunny skies, relaxing by the white canopies and gentle waves.

South Africans spent more this festive season — and the signs point to a stronger 2026

South Africans spent more this festive season — and the signs point to a stronger 2026

Business

South Africans spent more this festive season — and the signs point to a stronger 2026

South Africans spent more this festive season — and the signs point to a stronger 2026


South Africans opened their wallets a little wider this past festive season — and the good news is that it wasn’t just a once-off splurge. New data from Visa Consulting & Analytics shows that national spending grew by 7.9%, continuing a steady three-year upward trend.

In simple terms?
We’re feeling a bit more confident about spending again.

Speaking to HOT Business with Jeremy Maggs, Visa’s Sandy Samaan says this growth reflects a slow but steady recovery. And interestingly, most of that spending is still happening in-store, with nearly 90% of us choosing to shop the old-fashioned way — touching the product, trying it out, and talking to a real person before buying.

Listen to the full interview on HOT Business below:

Two lounge chairs with striped towels face a pool, palm trees, and a sandy beach with cabanas. Two tropical drinks on a small wooden table evoke the perfect Matric summer vacation—a relaxing escape after exams.

But online shopping is catching up fast. E-commerce spend jumped from 27% last year to nearly 50% this year, thanks to people using AI tools to compare prices, find deals and research gifts before they click “buy now”.

What did we spend on?

The data shows a few clear trends:

  • Home furniture and appliances saw strong growth — suggesting many of us invested in making our homes more comfortable or upgrading things we’ve been putting off.

  • Hardware purchases surged too, as people used their holiday downtime to fix, renovate, or improve their spaces.

  • Clothing sales grew, but more modestly — a sign that consumers are becoming smarter and more selective, hunting for specials, rewards and loyalty points before shopping.

Big events = big spending

Major global gatherings like the G20 and B20 summits brought a huge boost, pushing national spend up almost 50% during that period — especially on flights, hotels and restaurant visits as business travellers mixed work and leisure.

So why should you care?

This kind of spending behaviour helps show where the economy — and everyday confidence — is heading. If trends continue, 2026 could see:

  • more deals and competitive pricing,

  • better online shopping experiences powered by AI, and

  • retailers creating smarter packages around major events and travel seasons.

For South Africans keeping an eye on their budgets — and hoping for a better year — it’s encouraging to see the signs pointing in the right direction.

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