New Market Study Published: Beauty and Personal Care in South Africa
2012 proved to be a turbulent year for South Africa with economic growth stalling. This was mainly due to labour unrest in the mineral extraction industry and the Eurozone crisis. The country witnessed minimal expansion in exports and a slowdown in consumer demand. Chronic high unemployment and poverty and severe income inequality continue to plague the nation. However, despite such adverse conditions, beauty and personal care increased in current value by 10% in 2012, one percentage point...
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