Monthly Archives: May 2018

Saving versus credit: It’s all about balance ?
Did you know that South Africa has an overall savings rate of only 3%, which is compounded by the changeable economic environment? Currently there are 25 million credit-active consumers, while household debt as a percentage of disposable income is at around 72%. This means that for every...
The banks South Africans are least likely to recommend to friends and families?
Consulta recently released its latest South African Customer Satisfaction Index (SAcsi), detailing which South African banks have the most satisfied customers. According to the data, for the fifth consecutive year, Capitec customers remain the most satisfied with a score of 85.3 points – the only bank other than Standard Bank...
South African banks are granting more home loans
Bond originator BetterBond points to a 4% increase in the number of home loans granted in the country over the past 12 months, despite the number of home loan applications falling off by a similar percentage. “This increase is partly due to the fact that many home buyers...