Households change consumption patterns

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Botswana’s largest retailer, Choppies Enterprises Limited says it has observed a shift in households’ consumption patterns due to the prevailing pressure on personal incomes with consumers cutting down on spending, particularly luxurious commodities.

Due to low domestic demand, retailers have also increased prices at a slower rate resulting in the prevailing low inflation environment.

At the presentation of the group half-year results, Choppies CEO Ramachandran Ottapathu said consumers are no longer spending on luxuries.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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