Business Day TV spoke to Business Day’s business writer, Mudiwa Gavaza
25 June 2024 - 18:13
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The consumer credit market in SA is fuelled predominantly by home loans and vehicle finance, which make up about 90% of the industry. Meanwhile, credit facilities or unsecured credit transactions, mainly in the retail space, make up about 10%. Business Day TV looked into the economics of SA’s consumer credit market and what it would take to grow it in a discussion with Business Day’s business writer, Mudiwa Gavaza.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Growing SA’s consumer credit market
Business Day TV spoke to Business Day’s business writer, Mudiwa Gavaza
The consumer credit market in SA is fuelled predominantly by home loans and vehicle finance, which make up about 90% of the industry. Meanwhile, credit facilities or unsecured credit transactions, mainly in the retail space, make up about 10%. Business Day TV looked into the economics of SA’s consumer credit market and what it would take to grow it in a discussion with Business Day’s business writer, Mudiwa Gavaza.
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