Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.

<p>Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>