Brilliant companies are brilliant at the basics
Top research company AC Nielsen last week announced that the Consumer Confidence Index (CCI) had picked up from a downward trend. But challenges to the consumer remain given that the economy grew by a modest 2.6% in the backdrop of the drought and floods that shocked the economy early on in the year.
Against this backdrop we see how overall trading in the country is struggling given the liquidity crunch and purchasing power challenge with the consumer price index moving 5% last mon