Consumer confidence is at its lowest level in almost two years, an ominous sign for the retail sector and wider economy.

‘Sentiment turning positive in the motor trade sector, particularly among new vehicle dealers, is a sign of improving consumer health.’

‘Sentiment turning positive in the motor trade sector, particularly among new vehicle dealers, is a sign of improving consumer health.’

When consumer confidence is low, South Africans are less likely to spend money, which in turn affects the country's economic growth.

When consumer confidence is low, South Africans are less likely to spend money, which in turn affects the country's economic growth.

The level in the Conference Board’s latest monthly survey was the lowest since January 2021.

The level in the Conference Board’s latest monthly survey was the lowest since January 2021.

With an almost 3,000km long coastline, there is a link between the oil and gas sector in South Africa and its ocean economy

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WASHINGTON: US consumer confidence plunged to the lowest level in more than four years in March, with households fearing a recession in the future and...