South Africans still feeling pressure, with busy lifestyles increasing the need for convenience and digital service

Loading player...
GUEST - Hylton Kallner - Chief executive officer at Discovery Bank

Discovery Bank and Visa today released their new SpendTrend25 report, their third annual collaborative report of South African consumer spending habits based on an in-depth analysis of credit card spend data. Combining their extensive datasets and analytical expertise, SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery Bank clients and the broader South African population.

Enhancing the findings of the SpendTrend25 report, Visa and Discovery Bank, this year, commissioned an independent public survey among a set of South Africans to capture more detailed perspectives on the use of cash and digital payments, use of subscription services, banking security perceptions and theinfluence of AI on financial behaviour.
10 Apr 4PM English South Africa Business News · Investing

Other recent episodes

Mango Airlines Heading Towards Final Winding Down

Guest – Sipho Sono – Business Rescue Practitioner At Mango Airlines Low-cost carrier Mango Airlines is heading towards a final winding down after the investor waiting to acquire it pulled out of the process. In a circular published by the Business Rescue Practitioners (BRPs), the group confirmed that the investor,…
20 Aug 1PM 11 min

Competition Commission’s Take On The Rand Manipulation Case

Guest – Makgale Mohlala - Competition Commission Head of Cartels Local and international banks, previously cleared by the Competition Appeal Court (CAC) of allegations regarding their collusion to manipulate the rand against the US dollar, now face renewed scrutiny as the Competition Commission prepares to take the matter to trial…
20 Aug 1PM 12 min

Fewer Salaries Paid Within The R40,000 R100,000 Salary Range

Guest – Elize Kruger - Independent economist New salary data from BankservAfrica shows that fewer salaries are being paid over R40,000 a month, pointing to increased job losses among higher earners in South Africa. This is more broadly reflected in average pay data, which declined slightly in July 2025, falling…
20 Aug 12PM 8 min