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 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:

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