Credit Demand
latest news & developments
Mr Price’s profit up on cash sales
Mr Price says it has chosen not to focus on chasing credit sales and has benefitted from a cash sale growth of 15.1%
We’re our own worst enemies
Taking on more credit spells trouble in more ways than one.
SA credit grows in June, still seen weak
Demand for credit from South Africa’s private sector grew in annual terms for a second month in June.
SA annual credit growth turns positive in May
Demand for credit by South Africa’s private sector registered the first annual growth in eight months in May, but was up only marginally.
SA credit demand falls, corporates weigh
Demand for credit from South Africa’s private sector fell more than expected in April, reflecting companies’ reluctance to borrow further.
SA December credit demand falls
Demand for credit by South Africa’s private sector fell for the third consecutive time in the year in December.