Debt Trap
In 2020Q2, the real economy deteriorated significantly, Q-o-Q GDP contracted by 16.4% – one of the largest economic contractions since… Read More
Debt Trap
Covid puts the breaks on new debt
For the past five years, the number of retail account holders in South Africa has increased each quarter. Lockdown put… Read More
Female Financial Frustrations
The gap between men and women who default on their loans has grown from 4% in 2017 Q1 to 10%… Read More
Lockdown Made Me Late
The proportion of South Africans new to arrears as a percentage of all defaulters increased from 21% in February to… Read More
Safer Viewing
South African cinemas have seen a 36% decrease in revenue this year, with a decline from 3,8m to 2,2m customers…. Read More
Have a sweet tooth
Approximately 7,7m tons of chocolate was consumed worldwide last year, with the South African market valued at R6,4bn. Lockdown has… Read More