CONSUMER INSIGHTS | 8 NOVEMBER 2022

Data-driven insights in
a consumer-led world

Absa | Corporate and Investment Banking > Insights and Events > Data-driven insights in a consumer-led world
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Consume This, CGS Monthly: Volume 2, Issue 7

This month we’re unpacking some of the details behind Walmart’s plans to buy out minority shareholders Massmart. If finalised, the deal could see an inflow of direct foreign investment to the value of R6.4 billion, signalling a positive vote in confidence in the South African economy.The second annual Township Economy report has been released, and we explore some of the findings, like cash still being king and if the internet and eCommerce is having an impact. Other topics we’re looking at in Volume 2, Issue 7 include:

  •  July Merchant Spend Analysis
  • Further unpacking the township economy
  • Across the border: Ghana and Kenya
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Absa Merchant Spend Analytics Report: May 2025

Johannesburg, 29 July 2025 – The Absa Merchant Spend Analytics Report for May 2025 indicates a slight uptick in card activity, following April’s sharp decline. According to Absa’s internal data, card spending increased by 2% month-on-month (MTM), while transaction volumes climbed by 4%. Despite the 2% growth in card spending and 4% increase in transaction volumes, this growth remains below the prevailing inflation rate of 2.8%.

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Absa Merchant Spend Analytics Report: April 2025

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