Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
South African’s appetite for credit softened toward the end of last year amid high interest rates, weak economic conditions and muted consumer spending.
Data in the South African Reserve Bank’s March quarterly bulletin released on Thursday showed loan demand growth for companies slowing to 3.3% year-on-year in January from 9.7% in the same period the year before. Loan growth to households declined to 4.1% from 8.0%.
About The Author
More Stories
The Shift in Peering Threatening the Internet’s Foundations
Remembering Alan Barrett: A Builder of the African Internet
From Email to Case Study: What We Learned About Connecting Refugee Communities in Just One Year