Refrigeration Appliances in South Africa - New Market Report
As a result of a dampened macroeconomic environment, unchanged interest rate, subdued global growth and domestic economic developments, the property market continues to remain constrained. High levels of household indebtedness, credit impairments and rising utility and fuel costs remain the key obstacles to mortgage growth. Since the demand for refrigeration appliances is influenced by the demand for property, the subdued growth of the property market therefore, has manifested itself in the...
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