Podcast: Standard Bank analyst provides insight into African consumer food baskets

Linda Oniwe, Sector Analyst in the Consumer team at Standard Bank, provides further insights and understanding of the African consumer landscape. The Africa Consumer Insights Report 2020 focuses on comparing the price of a typical South African basket of goods across the key consumer markets in sub-Saharan Africa. These markets are namely South Africa, Nigeria, Kenya, Ghana and Ethiopia and we give reasons in the report as to why these are considered the key consumer markets. Additionally, we provide insights into the market dynamics applicable to the various retail markets and the role consumer behaviours and preferences play in understanding the differences in baskets. Read the full report here.

Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB. The group has more than 53,000 employees, approximately 1,200 branches and over 9,000 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.