With South African consumers under tremendous financial pressure, the pawnbroker business has seen quite a rise in individuals coming to lenders for financial assistance. Peter Setou, senior manager of education and strategy at the National Credit Regulator (NCR) reminds pawnbrokers to assess whether they have now surpassed the 100 agreements/R500 000 loan book threshold, and if so, to register with the NCR.
Farm Bureau volunteer shoppers check meal prices from October 18-31, a few weeks before most grocery stores begin running sale promotions for whole, frozen turkeys.
In less than three years, Shoprite has moved from having no grocery ecommerce offering to enjoying a 75% share of online grocery sales in South Africa.