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South Africans join Black Friday craze

| CEO of PriceCheck Kevin Tucker spoke to CapeTalk’s John Maytham about Black Friday in South Africa.

CAPE TOWN - Online retailers and malls have slashed prices to the bone for Black Friday, which also marks the beginning of holiday shopping season.

The term Black Friday has been used to refer to the heavy traffic after the United States holiday, Thanksgiving.

In the retail sector, it used to describe the day retailers turned profit from 'red' to 'black'.

While the day is traditionally celebrated in the US after Thanksgiving, some South Africans have embraced the craze.

CEO of PriceCheck Kevin Tucker says Black Friday has been well received by South Africans.

"These are genuine discounts. We are seeing discounts of 50, 60 and 70 percent."

Listen to the SoundCloud above as Tucker explains how it works and what consumers can expect.

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