Rising fuel prices put additional stress on households in South Africa - so drivers are making big changes where they can to save on costs.
According to recent data from Lightstone, the youth in South Africa are finding it increasingly difficult to afford two major purchases that often represent independence.
Despite the decision by the SARB to hold interest rates, financing a car is still far more expensive compared to September 2021.
Demand for credit is climbing in South Africa, with consumers applying for bigger loans. Unfortunately, defaults are also on the rise.
The price of cars and the cost of owning a one has increased dramactially in South Africa over the years.
Financial services company TransUnion outlines just how South African consumers are making it to the end of the month.
New data from TansUnion’s Vehicle Pricing Index (VPI) shows that prices of new cars have accelerated year-on-year.
South African consumers shrugged off macroeconomic headwinds to remain optimistic about their financial prospects in the third quarter of 2022, research conducted by TransUnion shows.
Consumers in South Africa shrugged off macroeconomic headwinds to remain optimistic about their financial prospects in the third quarter of 2022, according to consumer credit reporting agency, TransUnion.
New data from consumer credit reporting agency TransUnion shows that credit originations continue to rebound amid a tough economic climate in South Africa.