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2013 saw a significant increase in the number and value of credit insurance claims received by Coface South Africa year on year, according to Gerhard Buitendag, collections manager of Coface South Africa.
The Index shows that debt stress amongst businesses continues to fall.
Coface, the international credit insurer, says 2014 will be a year of divergence of the Chinese economy, representing the diverging trends of macro and micro environments.
Consumer loan defaults may be stabilizing; risks to household living costs remain considerable.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?