BE­WARE THOSE WHO RELY ON CREDIT

Finweek English Edition - - INVESTMENT -

Tom Rob­bins tweeted the new stage of tough­ness for cor­po­rate South African as the Lewis up­date broke, com­ment­ing: “Trad­ing for the four months ended July 2014 was ex­tremely chal­leng­ing.” In­deed it was and will likely re­main so for a while, as the lo­cal con­sumer re­mains un­der se­vere pres­sure. One has to be ex­tra dili­gent around in­vest­ing in lo­cal con­sumer stocks, es­pe­cially those re­ly­ing on credit.

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