Home sweet home for consumers

06 September 2020 - 00:07 By NICK WILSON

South Africans may not be spending as much overall as they did last year, due to the economic fallout from Covid-19, but retailers report a general uptick in the sale of less-essential goods such as consumer electronics, appliances, home renovation materials, furniture and gym equipment.

Alec Abraham, a senior equity analyst at Sasfin Wealth, said that from anecdotal evidence this is “pretty much the story that everybody has got these days” and there is a “lot of interest in home renovations goods and gym-ing at home”...

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