Africa¡¯s growing gambling use is sapping income that would ordinarily be flowing into groceries, entertainment and mobile phone bills.
The leaders of the continent¡¯s largest companies are now warning about the harm the trend is inflicting on household budgets.
¡°People are spending money in a black hole that could have spent on food,¡± said Pieter Engelbrecht, the chief executive officer of Africa¡¯s largest grocer Shoprite Holdings.
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