It can be hard to recover
Fact: #
In 2021Q1, the current balance on loans increased by R4.5bn (half of what it was last quarter). The number of… Read More
Fact-A-Day Archive
Defaulting despite Wealth
Fact: #
This quarter saw particularly strong growth in the proportion of defaulters among the wealthy. The proportion of credit active consumers… Read More
Return of Retail?
Fact: #
The number of retail accounts grew by 156,000 – the first QoQ growth in a year. This coincided with the… Read More
Indebted Adults, by Default
Fact: #
If the current growth in defaulters continues, in six years 100% of the credit active individuals between 18-24 could be… Read More
Signed sealed & not yet delivered
Fact: #
South Africa and the UAE have ratified an extradition treaty to bring the Gupta brothers and their wives to South… Read More
Doing if for ourselves
Fact: #
President Ramaphosa has announced that private companies can now generate 100MW of their own electricity without applying for a license…. Read More