SA’s Consumer Outlook: Loyalty as a Lifeline in Tough Times.

Loading player...
GUEST: Andrew Leighton – Consumer Insights Leader for Sub-Saharan Africa at NIQ

As South Africans continue to feel the pinch of the rising cost of living, new insights from NIQ’s 2026 Consumer Outlook Report reveal how shoppers are adapting and why loyalty programmes have become a financial lifeline.

While nearly two-thirds of consumers believe their household situation will improve by 2026, the reality tells a different story: many are cutting back on luxuries, switching to cheaper brands, and relying on rewards to stretch every rand.

What does this means for retailers, brands, and consumers from shifting spending habits to the growing importance of affordability, trust, and value. Can loyalty programmes really drive long-term brand relationships in an age of economic fatigue? And how can businesses turn consumer caution into sustainable growth?
28 Oct 2025 4PM English South Africa Business News · Investing

Other recent episodes

Careers Corner: Fixing Youth Unemployment by Starting at Age Four

With youth unemployment at 61%, Afrika Tikkun argues that South Africa is intervening far too late. Afrika Tikkun’s Marc Lubner explains why the Cradle‑to‑Career 360° model—from early childhood to job placement—is the missing link in solving the jobs crisis. A powerful conversation on early intervention, soft skills, agripreneurship, and rethinking…
15 Jun 4PM 14 min

Construction Confidence Slumps as Costs Surge

The FNB/BER Building Confidence Index drops to 38 as rising internal costs, Middle East conflict pressures, and project postponements hit the sector hard. FNB Senior Economist Siphamandla Mkhwanazi unpacks the collapse in subcontractor confidence, the reversal in non‑residential activity, and whether early‑pipeline indicators offer any hope for recovery.
15 Jun 4PM 9 min

SA Manufacturing Confidence Climbs Despite Cost Shock

The Q2 Absa Manufacturing Survey shows confidence rising even as business conditions deteriorate sharply. Sachin Chanderdhev, Sector Specialist for Manufacturing at Absa Business Banking. breaks down the paradox: record raw material spikes, shipping disruptions, fuel costs, and the 8.76% electricity tariff increase—and how manufacturers are still managing to adapt, negotiate…
15 Jun 3PM 14 min

Wealth Creation: What SA Women Get Right About Money

The inaugural Franc Wealth Index reveals a surprising truth: South African women outperform men financially — not because they earn more, but because they behave differently. Franc Co-Founder Sebastian Patel unpacks the behavioural edge, the confidence gap, and why consistency beats cleverness every time.
15 Jun 3PM 13 min

Black Ownership on the JSE, BMF Report Findings

A groundbreaking new report reveals that actual black ownership in the JSE Top 60 sits at just R255 billion—far below public perception. Monde Ndlovu, Managing Director of the Black Management Forum (BMF), joins us to unpack the myths, the measurement failures, the rise of broad‑based schemes, and the structural barriers…
15 Jun 3PM 24 min