BLACK FRIDAY REVIEW – How South Africans Shopped in 2025.

Loading player...
Black Friday has evolved and so have South Africa’s spending habits. This week, we dive into Standard Bank’s latest consumer data with Tumelo Ramugondo, Head of Credit, to unpack what changed between Black Friday 2024 and 2025… and what those shifts say about the economy, confidence and priorities.

Standard Bank retail customers showed bigger baskets and bolder swipes with transaction volumes up 6.6% and spending values up 6.8% year-on-year. Credit cards led the charge, climbing 12.2%, reinforcing the return of consumer appetite and access to credit.

From record card swipes including a R864K furniture purchase and R734K international hotel booking to Cyber Monday’s explosive 20% spending surge, the deals weekend extended well beyond a single day. With digital wallets now at 11% of spend value and online transactions almost doubling their share, shoppers are leaning deeper into e-commerce convenience.
1 Dec 2025 3PM English South Africa Business News · Investing

Other recent episodes

Lesaka Turns Profitable: FY2026 Milestone Explained

Lesaka Technologies has delivered a landmark FY2026 performance — meeting or exceeding every guidance metric, surpassing the top end of its Adjusted EPS range, and achieving full‑year net profitability for the first time since its 2022 rebrand. Net Revenue rose 20%, Adjusted EBITDA climbed 41%, and Adjusted Earnings surged 229%…
10 Sep 1PM 14 min

FirstRand Delivers Record Dividend Despite UK Provision Hit

FirstRand has posted a resilient full‑year performance for June 2026, delivering the highest dividend payout in its history despite a sizeable UK motor commission provision. Underlying operations remain strong: FNB and RMB posted double‑digit profit growth, continuing operations delivered 13% earnings growth, and ROE reached 24.9%. CEO Mary Vilakazi explains…
10 Sep 1PM 14 min

New Business Surges as Sanlam Stays on 2026 Track

Sanlam has released its interim results for 2026, revealing strong underlying momentum beneath severe weather‑related claims and softer shareholder investment returns. New business climbed 22% to R224 billion, net client cash flows surged 64% to R78 billion, and core earnings held steady despite large loss events across South Africa and…
10 Sep 12PM 18 min

ACSA Delivers Double‑Digit Revenue Growth as Travel rebounds

Airports Company South Africa reported 11.6% revenue growth in FY2025/26, driven by rising passenger volumes, improved trading conditions and a strong diversification strategy. ACSA’s CFO Luzuko Mbotya joins Kaya Biz to unpack the financial performance, cost management, infrastructure investment, and the shift toward airports as economic, digital and energy hubs…
9 Sep 1PM 13 min

Tax‑Free Wealth: The Power of TFSAs & ETFs

Many South Africans believe investing requires large sums — but time, consistency and tax‑free compounding matter far more. ETFSA’s Wendy Hlatshwayo explains how Tax‑Free Savings Accounts work, why ETFs are ideal inside them, and how ordinary earners can build long‑term wealth through simple, diversified investing. A practical, jargon‑free guide to…
9 Sep 1PM 16 min