Economy / General

Coface: South African Economic Report to July 2013

South Africans are starting to spend again

South Africans are spending money at levels that seemed impossible only a year ago, encouraging the economy to claw its way back into a more solid growth phase. This is according to the latest BankservAfrica Economic Transaction Index (BETI).

Insurance and financial wellness becomes important in current economic conditions

We have focused a lot on the state of the retirement industry and the growing movement towards incorporating revenue generated from assets into a retirement pay out once one does retire. This is being driven by a few factors which includes smart investors

Economic comment by Luke Doig, Senior economist, Credit Guarantee Insurance Corporation

The reported 7.1% fall in liquidations in the first half of 2013 to 1364 from 1468 a year earlier quite simply belies the true operating environment for business. Debt judgments against business have fallen 20.8% in number to 14,874 in the first five mo