Creditgrowth
latest news & developmentsSA credit demand falls, slow recovery seen
Demand for credit by South Africa’s private sector fell for the first time since 1966 in October, pointing to tight credit conditions.
Weak credit growth sparks rate-cut talk
Growth in demand for credit slowed more than expected in September, rekindling talk of another interest rate cut.
July credit growth slows, backs rate cut
Growth in demand for credit by South Africa’s private sector reached its lowest level in more than five years in July.
SA July credit growth slows
Growth in demand for credit by South Africa’s private sector slowed to 3,4% year-on-year in July, from 3,98% in June, central bank data shows.
June credit growth drops to five-year low
SA’s credit demand growth eased more than expected to a five-year low in June, reinvigorating debate about the scope for interest rate cuts.