When Is Black Friday 2024 In South Africa?

Black Friday 2024, set for 29 November, is shaping up to be the year’s biggest shopping event in South Africa.

With tons of deals and discounts across categories, South African consumers are preparing to make the most of the event.

For tech lovers, Cyber Monday on 1 December also promises incredible savings.

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According to ABSA’s latest Merchant Spend Analytics report, South Africans are increasing their spending in 2024, with a 3% rise in month-to-month spending and transaction volume.

Categories like home and garden, as well as business supplies, have seen growth rates of 14% and 16%, respectively.

While physical clothing stores face competition from fast fashion and international retailers, local shoppers continue to splurge on a mix of online and in-store deals.

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Credit card spending has notably risen by 10%, showing a preference for credit over debit as consumers finance larger purchases.

Online spending grew by 19%, with major online marketplaces for food and clothing competing fiercely for customer loyalty.

While Black Friday may not include discounts on rent or fuel, creative consumers might still explore ways to save, like negotiating with landlords.