Not-So-Golden Years
The ENS segment Comfortable Retirees’ overdue balances have climbed more than R7bn since Q4 2022 to R22.3bn, outpacing the broader… Read More
Not-So-Golden Years
Credit Stress Report
A Rate of Relief
Economic conditions improved modestly in Q4 2025, with unemployment declining to 31.4% and the repo rate cut by 25 basis… Read More
Ring Up the Growth
South Africa’s retail sales index increased by 0.77% QoQ and 2.18% YoY in Q4 2025, pointing to firmer consumer spending… Read More
Driving the Debt
Vehicle asset finance was the biggest driver of overdue balance growth in Q4 2025, with overdue VAF balances rising by… Read More
The Rubber Band Effect
In Q4 2025, 40% of credit-active South Africans were in default (3+ months in arrears) on one or more loans…. Read More
The Wrong Kind of Acceleration
In Q4 2025, total outstanding credit increased by 1.7% QoQ (R44bn) to R2.66 trillion. Overdue balances, however, rose by 6%… Read More