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The Current State of the Retail Market in South Africa

by UNCOS News Writer | May 23, 2024 | Marketing, Retail

The retail industry in South Africa is a significant contributor to the country’s GDP, with a market size of ZAR1.61 trillion in 2022. This sector plays a crucial role in providing goods and services to consumers, driving economic growth, and creating employment...

Interest Rate Increases and the Impact on the South African Retail Sector

by UNCOS News Writer | Apr 4, 2024 | Retail

Interest rate changes play a significant role in shaping the economic landscape of a country, impacting various sectors, including retail. In South Africa, recent studies and reports shed light on how interest rate increases affect the retail sector, highlighting both...

AI’s Impact on the Retail Landscape in South Africa

by UNCOS News Writer | Nov 16, 2023 | Retail

Artificial intelligence (AI) is revolutionizing the global retail sector, and its impact is increasingly being felt in South Africa. The deployment of AI in retail presents both opportunities and challenges, particularly in the context of the South African market. As...
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