Return of Retail?
The number of retail accounts grew by 156,000 – the first QoQ growth in a year. This coincided with the… Read More
Return of Retail?
Credit Stress Report
Indebted Adults, by Default
If the current growth in defaulters continues, in six years 100% of the credit active individuals between 18-24 could be… Read More
The cheque was in the mail….
The number of loans that defaulted in Q4 remained roughly the same as in Q3 (1.3M). However, the number of… Read More
Unpaid Debt
In 2020 the value of overdue balances increased by over R33bn (18% of total overdue). R10bn of this increase occurred… Read More
Growth, somewhere
The South African agricultural sector performed well during 2020 due to its essential service status and decent crop yields. This… Read More
Reduced Retailing
The number of retail accounts dropped by more than a quarter of a million in Q4 YoY, driven by a… Read More