Sefalana sees pressure on consumers worsening
Friday, August 07, 2026 | 210 Views |
Seeing changes: Chauhan says consumer spending patterns are adapting to the economy PIC.KENNEDY RAMOKONE
Sefalana, which sells over P12 billion worth of fast-moving consumer items annually, said its stores were seeing healthy foot traffic across the country, but thinner baskets were being filled, with only necessity items. That trend is beginning to hit the group’s margins.
In its latest financial results covering the 52 weeks to April 2026, directors revealed that the way shoppers were spending their money was beginning to form a recognisable pattern as the years go by, with lower-margin products replacing discretionary purchases, squeezing retailer profitability.
Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...