May 25, 2015
Companies are increasingly outsourcing their debt collection to specialist debt collection agencies, a move that is expected to see an increase in money recovered from indebted individuals and companies. This is according to Rob Rafferty, CFO at FutureSoft, the...
Feb 9, 2015
It is well documented that South Africa (SA) has a spending culture with low savings levels, a trend which is evident in many segments of the population. Given the low growth rate and tough economic circumstances facing SA as well as the global economy today,...
Feb 26, 2014
Reuters has reported that household debt grew at its fastest pace since early 2008 in the fourth quarter of 2012, a possible sign that the painful process of paring back borrowing in the aftermath of the financial crisis may have run its course. While not all consumer...
Sep 2, 2013
South Africa has a mobile penetration of roughly 118% – which means that 50-million people are wielding close to 59-million cell phones. And despite the implementation of RICA, mobile churn (where users buy and discard SIM cards) is still increasing, says Jed...
