South Africa’s consumer is flashing warning signs — and two retail updates have sharpened the picture. Cashbuild’s weak building materials demand and Mr Price’s shift toward value purchases reveal households under severe pressure. Market analyst The Finance Ghost unpacks how sticky inflation, high interest rates and the MPC’s cautious stance are filtering directly into retail behaviour, from shrinking basket sizes to delayed big‑ticket spending www.kaya959.co.za · Kaya FM