Fact-a-day archive

A classical age

  • Fact: #

9% of South Africans under the age of 25 are interested in classical music. For those over 50, the proportion… Read More

Cry for help

  • Fact: #

42% of adults who have a bank home loan say that they have never heard of or do not understand… Read More

Tito’ing on the edge

  • Fact: #

The prime interest rate has increased from 11% to 15.5% in past two years (June 2006 to June 2008). The… Read More

For everything else

  • Fact: #

The average value of outstanding debt on bank overdrafts and credit cards is approximately R16,000 for households with per capita… Read More

The good in bad debt

  • Fact: #

For households which have debt to the value of R10,000 or more, 40% have vehicle finance and 37% are making… Read More

Indebted

  • Fact: #

6.6 million households in South Africa have debt. Almost a third (31%) of these households have debt to the value… Read More

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