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New legislation seeks to close regulatory gaps to protect consumers and promote a competitive digital finance system. Photo: Nadine Hutton/Bloomberg via Getty Images)
BANKSERV

Inflation: Youth use credit to supplement salaries

A report has found that young people have taken on more credit in the first quarter of 2023 compared with last year

  • Anathi Madubela
4 min read
Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust. (Chris Ratcliffe/Bloomberg via Getty Images)
AUTOMOBILE BUSINESS COUNCIL

Economic pinch deflates used car ‘bubble’

Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust

  • Sarah Smit
7 min read
If you’re thinking of buying a car, consider demo models that deliver the benefits of a new vehicle without the hefty price tag (Photo by Gallo Images/Papi Morake)
INSPECTACAR FINANCE

Rocky road ahead ensures quality used vehicles will remain in short supply

Covid-19 and downturn in new car sales over the past two years make sourcing used cars a challenge

  • Anathi Madubela
4 min read
The National Credit Regulator says it will consider appealing the judgment.
FIN1

High court ruling could unleash flood of new credit applications

TransUnion CEO Lee Naik stressed the ruling does not scrap the entire National Credit Act regulation, which makes provision for responsible lending

  • Fin1
2 min read
“Real household income growth remains weak
CONSUMER CONFIDENCE

Consumer health improves but consumers are not yet clear— Transunion

The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.

  • Thulebona Mhlanga
1 min read
(Reuters)
CALL CENTRES

When the ladybot says ‘hold on’ …

‘Please continue holding till your ear falls off because of radiation poisoning’

  • Shaun De Waal
3 min read
It’s Africa’s turn to go to the moon.
INVESTEC

Can Black Friday repel festive Grinch?

Consumer confidence is so low that some may be wondering whether the infamous family has captured the festive season.

  • Thulebona Mhlanga
3 min read
CONSUMER PROTECTION ACT

TransUnion to help combat vehicle crime

TransUnion Auto Information Solutions said on Friday it had introduced a significant enhancement to its vehicle verification reports.

  • Staff Reporter
2 min read