Tag: debt

SA is embracing hybrids, but all-electric and plug-in sales lag

Jul 15, 2024

—

by

Alastair Otter

in Economy

South Africans are slowly warming to hybrid vehicles but not to fully electric or plug-in hybrids. More than 6,000 hybrid vehicles were sold in 2023, 10 times the number sold in 2021. That is still just a fraction of the approximately 350,000 traditional internal combustion engine (ICE) passenger vehicles sold every year. FULL STORY +…
One-third of SA’s credit holders are battling to repay debt

Apr 8, 2024

—

by

Outlier Reporter

in Economy

Although at least 10-million South Africans are at least three months behind on their repayments, the appetite for credit remains high.