{"id":7925,"date":"2021-04-07T18:18:37","date_gmt":"2021-04-07T18:18:37","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=7925"},"modified":"2021-04-07T17:29:56","modified_gmt":"2021-04-07T17:29:56","slug":"sa-dominates-consumer-spending-for-southern-africa-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report","title":{"rendered":"SA dominates consumer spending for Southern Africa \u2013 report"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a>. <\/strong><\/span>JOHANNESBURG \u2013 Consumer spending in Southern Africa is dominated by the region\u2019s economic anchor, according to an NKC African Economics report.<\/p>\n<p>The report is titled Research Briefing: Africa \u2013 Mapping the continent\u2019s consumer spending landscape.<\/p>\n<p>According to the report, South Africa holds four of the five biggest consumer markets in Southern Africa, with Johannesburg, in particular, dwarfing other cities in the region.<\/p>\n<p>Total consumer spending in Johannesburg came in at an estimated $48 billion last year (about R698bn), followed by Cape Town ($20.3bn) and Tshwane ($17.4bn).<\/p>\n<p>The only city outside of South Africa to make the top five is the capital of Angola, Luanda, with spending estimated at $13.3bn last year.<\/p>\n<p>Southern Africa\u2019s largest consumer markets are expected to show relatively weak growth over the next decade. Mozambican cities Beira (11.0 percent a year) and Maputo (10.1 percent), and Botswana\u2019s capital Gaborone (10.4 percent) expected to see the strongest growth.<\/p>\n<p>Luanda should also see robust growth in consumer spending, projected at about 9.3 percent a year over the 2020-30 period.<\/p>\n<p>The per capita consumption profile of the region looks very different, with the Mauritian capital, Port Louis, estimated to have the continent\u2019s highest per capita spending figure of $8 810 last year.<\/p>\n<p>From a regional perspective, Port Louis is followed by Gaborone ($5 900) and the Namibian capital Windhoek ($4 980).<\/p>\n<p><b>BUSINESS REPORT ONLINE<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. JOHANNESBURG \u2013 Consumer spending in Southern Africa is dominated by the region\u2019s economic anchor, according to an NKC African Economics report. The report is titled Research Briefing: Africa \u2013 Mapping the continent\u2019s consumer spending landscape. According to the report, South Africa holds four of the five biggest consumer markets in Southern Africa, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":7924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-7925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SA dominates consumer spending for Southern Africa \u2013 report - South Africa<\/title>\n<meta name=\"description\" content=\"JOHANNESBURG \u2013 Consumer spending in Southern Africa is dominated by the region\u2019s economic anchor, according to an NKC Af ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA dominates consumer spending for Southern Africa \u2013 report\" \/>\n<meta property=\"og:description\" content=\"JOHANNESBURG \u2013 Consumer spending in Southern Africa is dominated by the region\u2019s economic anchor, according to an NKC Af ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T18:18:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606debf10ad15.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SA dominates consumer spending for Southern Africa \u2013 report\",\"datePublished\":\"2021-04-07T18:18:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606debf10ad15.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-dominates-consumer-spending-for-southern-africa-report\",\"name\":\"SA dominates consumer spending for Southern Africa \u2013 report - 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