25 June 2024 1 Min Read
NEWSROOM CROSSING
WATCH: Growing SA’s consumer credit market
Business Day TV spoke to Business Day’s business writer, Mudiwa Gavaza
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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.
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