Slowdown in debt cases

2010-09-22 00:00

THE rate of increase in over-indebtedness in Pietermaritzburg slowed in July, but a surge in the number of civil cases for debt was recorded in Durban during that month.

According to Statistics South Africa, Durban saw a 12,5% year-on-year rise in civil cases for debt, while Pietermaritzburg recorded a 0,8% increase.

A total of 8 085 cases were recorded in Durban in July. Pietermaritzburg recorded 1 911 cases in July, down from 2 148 in June.

Statistics SA said the total number of civil judgments recorded for debt in July grew by 5,1% year on year, while the number of judgments for the three months ended July increased by 3,3% year on year.

KwaZulu-Natal has been hit by a surge in over-indebtedness as business enterprises and individuals across both cities continued to take strain in the recessionary environment in 2009 and 2010.

Nationally, civil judgments for promissory notes and other acknowledgements of debt were the main contributors.

(Civil judgments are decisions taken in a civil matter or a dispute between two parties, while civil summonses are notices to appear before the court of law where a dispute between two parties has to be heard (that is, not for a criminal offence).

Statistics SA said there was a 1,5% decrease in the total value of civil judgments recorded for debt in July.

“During July, 70 250 civil judgments for debt amounting to R651,1 million were recorded,” Statistics SA said.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.