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Landlords need help to avoid an ‘iceberg’ of consumer debt

Like most other consumers in SA, residential tenants are under considerable financial pressure at the moment, and battling to meet all their commitments. And the longer this situation continues, the more likely it becomes that there will be an increase in rental defaults, says Greg Harris, CEO of Chas Everitt Property Rentals.

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2017’s Biggest Consumer Led Trends in South Africa

While South Africa faces a weak rand, recent downgrades to junk status and a somewhat shaky political period in time, the retail industry is not filled with negativity as businesses continue to thrive while consumers continue to spend. In today’s world of advanced technology and online savvy consumers, here are four of the top consumer led trends in 2017 so far, written in collaboration with Hippo.co.za.

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Consumers have spoken; Santam is once again rated SA’s top insurer

  • Published in News

South African consumers have spoken. They have for the second year running named short-term insurer Santam the top insurer in the country when it comes to meeting and exceeding their insurance needs. The results of the SAcsi Index are supported by Santam’s strong showing over the past few years in the Ombusdman for Short-term Insurance (OSTI) Report where the company has been consistently rated as a top performer in treating customers fairly.

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Does 'sin tax' have the desired impact on consumer behaviour?

Coughing Up to Cut Down?

In his recently delivered Budget Speech, Finance Minister Pravin Gordhan said that the anticipated 20% tax on sweetened sugar beverages (SSBs) will be implemented later this year once details are finalised and the legislation is passed. The taxation of SSBs has apparently been instigated to help curb obesity amongst South Africans and in turn reduce their risk of heart disease, diabetes and cancer. “But will this have the desired impact on consumer behaviour? Could the answer be found by looking at the impact of other ‘sin taxes?” asks Jacki McEwen, Co-owner & Managing Director at Eclipse Public Relations.

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