Data from fintech group Altron has shown that the ability of SA households to take on and service debt has returned to near pre-pandemic levels — a further sign that SA’s economy should benefit a little from improved demand-led growth in 2022.
The Altron Fintech Household Financial Resilience Index , compiled by economist Roelof Botha, rose to 111.1 points in the fourth quarter of 2021, up 2.4 points from the third, when it — like other economic measures — was hit by July’s civil unrest...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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