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Banking, retail and telecoms power South Africa's brand value to over $33bln in 2025

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Retailers Woolworths and Checkers top the Sustainability Perceptions score across sectors in the environmental, social and governance categories
The article from Zawya discusses a report by Brand Finance, which highlights that South Africa's brand value is expected to exceed $33 billion by 2025, driven primarily by sectors like banking, retail, and telecommunications. The banking sector, with brands like Standard Bank and First National Bank, has shown resilience and growth, contributing significantly to the national brand value. Retail giants such as Shoprite and Pick n Pay are also pivotal, benefiting from a growing middle class and urbanization. Meanwhile, the telecom sector, with companies like MTN and Vodacom, is expanding due to increased demand for digital services. The report also notes that despite economic challenges, these sectors are leveraging digital transformation and sustainability initiatives to enhance their brand equity, positioning South Africa as a key player in Africa's economic landscape.

Read the Full ZAWYA Article at:
[ https://www.zawya.com/en/economy/africa/banking-retail-and-telecoms-power-south-africas-brand-value-to-over-33bln-in-2025-e7z1b8yj ]