Here are the links to 46 companies with massive Black Friday deals in South Africa

·27 Nov 2024

A wide array of companies in South Africa are offering Black Friday deals in South Africa.

Retailers, banks and service providers are offering a host of deals for South Africans who are expected to spend heavily.

FNB said that the improved economic landscape and continued recovery in consumer income will likely boost sales on Black Friday and Cyber Monday compared to 2023.

With the increase seen in retailers offering extended specials over the month or week leading up to Black Friday, FNB expects spend to exceed R3 billion over the Black Friday weekend and anticipates a major shift towards digital payments.

“As we approach Black Friday, we are witnessing a convergence of factors that point towards a vibrant shopping season. Digital wallet usage is projected to surge by over 40% year-on-year, reflecting the broader trend of digital adoption among consumers,” said CEO of FNB Card, Senzo Nsibande.

“Online sales are expected to grow by more than 10%, indicating the increasing preference towards e-commerce platforms. Conversely, traditional in-store sales and cash usage are expected to decline.

The bank’s data also shows that there has been notable growth outside the dominant categories of electronics and household items, such as travel-related spending.

FNB Merchant Services recently processed 18.4 million on general spend transactions throughout October 2024 which is roughly 400,000 more than what was processed the prior year on Black Friday at 18 million.

This early indicator has led to a positive outlook with an estimate of 19.5 million transactions expected to be processed by FNB Merchant Services on Black Friday.

“We also believe that several economic factors are contributing to the positive outlook for Black Friday 2024. Unlike last year, this year’s Black Friday will fall after payday for many South Africans, potentially boosting spending power,” said Nsibande.

Two successive interest rate cuts and four-year low inflation are also likely to increase consumer purchasing power.

While encouraging customers to take advantage of Black Friday and Cyber Monday deals, FNB continues to stress the importance of responsible spending.

It has also issued a fraud warning, with criminals expected to target the increased spending.

“To mitigate the chances of falling victim to fraud, we urge customers to remain vigilant when making transactions,” said Nsibande.

“Most importantly, we want to emphasise the importance of never sharing one-time passwords (OTPs), device passcode, PINs, CVV numbers and to keep their card and PIN details safe as with all other sensitive personal information.”

Below is a list of prominent companies offering Black Friday deals in South Africa:

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