Growth, somewhere
The South African agricultural sector performed well during 2020 due to its essential service status and decent crop yields. This… Read More
Growth, somewhere
Reduced Retailing
The number of retail accounts dropped by more than a quarter of a million in Q4 YoY, driven by a… Read More
Overdue Balancing Act
In the latest quarter, the overdue balances of those earning R20k+ has deteriorated fastest, with an increase of over R13bn… Read More
2021 Concerns
The South African economy is expected to contract by almost 8% YoY. Real GDP growth forecasts for 2021 range from… Read More
The young and the defaulting
Quarter Four 2020 saw a 14% year on year increase in 18-24 year olds defaulting on their credit. All other… Read More
Get it on Credit
As of 2020 Q4, 62% of credit account loans are in good standing compared to only 40% in Q3. However,… Read More