More (mostly rich) South Africans are now getting home loans – here’s why

2019-09-12 06:35

Except for a brief period in the beginning of 2018, home loan growth has not outpaced property value growth since 2011.

The truth about how marriage can affect your credit score

2019-08-30 13:04

Getting married changes a lot of things in your life, including finances

Moody's: Cape Town's water plan 'supportive' of its credit profile

2019-03-21 20:00

Ratings agency Moody's has issued a research report on the City of Cape Town's water strategy, which it says is supportive of the city's credit profile.

Reality bites: Gloomy 2019 for over-indebted consumers struggling to make ends meet

2018-12-31 06:15

Consumers who overspent over the festive period are in for a reality check in 2019, as making ends meet will become more difficult, says a debt counselling expert.

Court ruling provides some relief for borrowers

2018-12-07 20:11

Borrowers with more than one debt outstanding were given some protection last week when the Supreme Court of Appeal ruled that the interest rate on short-term loans after the first loan cannot exceed 3% a month.

Land reform unlikely to influence S&P ratings decision - analysts

2018-11-20 07:39

Analysts have mixed expectations for Standard & Poor's upcoming ratings action on SA's sovereign debt, expected to be announced on Friday.

Here's why the IMF's Argentina bailout is making people nervous

2018-09-29 20:02

The International Monetary Fund this week announced plans to expand Argentina's bailout package reached in June, which was already the largest in its history. 

Argentina's currency continues to slide despite the world's highest interest rates and a $50 billion IMF bailout

2018-09-12 13:33

The peso, which has shed about half of its value this year, is the worst-performing currency of 2018,

New credit bill to bring relief to over-indebted consumers

2018-09-09 19:00

Parliament’s committee of trade and industry has adopted a bill which will provide relief for over-indebted South Africans.

Modest uptick for consumer credit in July

2018-08-30 19:58

While household credit growth has been on an upward trajectory, it remains weak in historical terms, says Investec economist Lara Hodes.


5 ways to prevent a poor credit score from tripping up your business

2019-08-31 16:45

A poor credit score is one of the top reasons why entrepreneurs get turned down for business loans, according to TransUnion Africa.

Fraud watchdog wins case against National Credit Regulator

2019-06-14 10:45

An anti-fraud body is allowed to keep what it deems important fraud information for a period of up to 10 years, the Supreme Court of Appeal has ruled.

China's hopes of becoming the world's largest economy are hitting a major roadblock

2019-02-10 07:53

China’s economy is growing at its slowest pace in nearly three decades, and some economists say the worst is yet to come.

How to avoid the Janu-worry blues

2018-12-17 07:32

This is going to be a tough festive season for many South Africans.

Being broke during the festive season

2018-11-23 10:12

How to survive the festive season when you don’t have money

Financial industry takes aim at loan sharks, scams

2018-10-09 22:01

The financial services industry is piloting Money Smart Week in Gauteng, a collaborative attempt to improve financial literacy amidst tough economic times.

MPs get personal as debt relief bill passed

2018-09-12 18:06

The National Assembly has passed a bill that will bring urgent relief to over-indebted South Africans, while concerns have been raised that it could in fact drive up the cost of loans and limit access to credit.

Moody's upgrades outlook for SA banks to stable

2018-09-11 19:32

Moody’s expects SA bank credit risk profiles and problem loans to remain stable until the end of 2019 in a difficult operating environment.

Dampened corporate demand for credit

2018-08-30 22:13

Private sector credit extension slowed year-on-year in July, weighed down by the corporate credit segment.

Nearly half of SA's debt from top creditors 'appears reckless'

2018-08-27 17:14

Some 40% of the credit provided by the country's top 10 credit providers appears to be reckless, a new survey has found.

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