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Absa spend insights report reveals major consumer spending patterns in the face of economic transitions. Report highlights stabilising spending trends, digital commence growth, and the township economy's evolution.

The January 2025 card transaction data, as anticipated, demonstrated a MTM decline, reflecting a post-festive season spending lull.

We are pleased to share the latest Merchant Spend Analytics report, focusing on December card spending activity.

While Black Friday 2024 marked a modest improvement over the previous year’s dismal performance, it fell short of the double-digit growth achieved in 2022. The post-payday boost contributed to a rise in overall card spending from 3% to 6% during Black Friday 2024, despite a slight softening in transaction volumes.