Carmen Williams, Director of Research & Consulting at TransUnion Africa

Loading player...
Times are definitely tough for most South African consumers. TransUnion just released its South Africa Industry Insights Report (IIR) for the first quarter of 2019 indicates that consumers are looking for credit more and more to meet their needs or service existing debt. On the other hand, lenders are showing caution in giving out credit against the backdrop of challenging economic conditions.
The newly released TransUnion (NYSE: TRU) Q1 2019 South Africa Industry Insights Report reveals that consumer demand for credit remains high, with outstanding balances increasing across all major credit categories when compared to the same time a year ago. This increase in borrowing levels is likely driven in part by the current challenging economic conditions and the need for consumers to use credit as a means to help finance day-to-day expenses as well as larger ticket purchases.
25 Jun 2019 12PM English South Africa Business News · Investing

Other recent episodes

Pivot Point — Dr Nishal Khusial on AI in SA

Dr Nishal Khusial explores the rise of AI in South Africa and the launch of the School of AI Africa. We explore what this technological shift means for jobs, digital security, and business transformation.
17 Apr 5AM 19 min

SA–US Relations: Reset, Risk or Realignment?

Professor Patrick Bond unpacks the latest diplomatic shifts between South Africa and the United States — from new ambassadorial appointments to tariff investigations and geopolitical tensions.
17 Apr 5AM 20 min

Financial Rules Before You Say “I Do”

BDO Wealth Financial planner Shaun Chennells explains why financial alignment is crucial before marriage. From antenuptial contracts to shared goals, debt transparency and long‑term planning
17 Apr 5AM 15 min

New Car Sales Surge Despite Fuel Price Pain

South Africans are buying cars at the fastest pace in a decade — even as fuel prices soar. BrandMapp’s Brandon de Kock explains the behavioural trends behind the surge and why Millennials are driving demand
15 Apr 5PM 12 min