Lewis Group says growth of 11.3% in the second half of the year was due to changes in the affordability-assessment regulations. Picture: FINANCIAL MAIL
“The changes in the affordability-assessment regulations, which enabled self-employed and informally employed individuals to again apply for credit, will continue to benefit sales into the new year,” the retailer said. Total revenue rose 12.4%, or 10.4% after adjusting for interest on credit-impaired accounts, to R6.1bn.
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