Newsroom TransUnion South Africa

South African consumers remain optimistic about their financial futures, despite inflation, a rising cost of living and high interest rates taking its toll on their pockets – and this optimism in the face of prevailing economic challenges suggests …

South Africa’s vehicle market remains in a state of flux, with a challenging macroeconomic climate continuing to have a negative impact on vehicle sales and financing. At the same time, vehicle prices continue to rise, which has seen consumers …

More than one fifth of South Africans graduated to a more complex credit wallet over a four-year period.Women hold 55% of credit products in South Africa and are more likely than men to retain a retail credit product throughout their credit …

South African consumers remain optimistic about their finances, despite current economic challenges that include high inflation and recent interest rate hikes. According to a TransUnion survey, about one third (34%) of households saw an increase in …

Growth in clothing and retail revolving account originations and balances reflected consumers’ spending priorities Credit card demand and supply growth continued across all generations  Home loan market expanded, despite the rising interest rate …

Vehicle sales in South Africa dropped sharply in the first quarter of 2023 in the face of ongoing vehicle price inflation, declining consumer disposable income and negative consumer and business sentiment. TransUnion Africa figures show the number …