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Lightstone release analysis of morning peak drive times.
There is a general misconception in the financial services industry that creating wealth is the main motivator for money management decisions among consumers. However, based on the results of an in depth customer survey conducted by Liberty, lifestyle wins as the primary influencer in money management decisions. Security is the second determining factor and creating wealth is the third priority.
For the first time the BankservAfrica Economic Transaction Index (BETI) increased by more than 1% in real terms on a year-on-year basis, with August transactions on the national payments system reflecting a 1.2% increase in the value. A second consecutive increase points to a seeming break in the streak of declines noted in previous months.
On-demand economy highlighted as key area of opportunity for traditional industry