Nearly half of South African(SA) adults are reportedly borrowing money to afford groceries. This is according to FinMark Trust's latest study, the FinScope Consumer South Africa report. The survey results found 40% of consumers are using credit for household necessities, while two out of five individuals have gone without electricity in the past 12 months, due to a lack of affordability.

For more on the statistics, Thami Ngubeni spoke to Lesego Mashigo, head of Financial Inclusion, South Africa at FinMark Trust.

Nearly half of South African(SA) adults are reportedly borrowing money to afford groceries. This is according to FinMark Trust's latest study, the FinScope Consumer South Africa report. The survey results found 40% of consumers are using credit for household necessities, while two out of five individuals have gone without electricity in the past 12 months, due to a lack of affordability.
For more on the statistics, Thami Ngubeni spoke to Lesego Mashigo, head of Financial Inclusion, South Africa at FinMark Trust.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Nearly half of SA adults borrowing money to afford groceries: Survey

The 2025 NedFinHealth Index, released by Nedbank, indicates that the financial health of working South Africans has improved for the third year in a row, reaching a score of 56.4 out of 100, up from 54.8 in 2024 and 53.1 in 2023. While the index highlights stronger day-to-day money management among workers in 2025, confidence in long-term financial security remains inconsistent. Thami Ngubeni spoke to Dr Frank Magwegwe, Nedbank Executive for Financial Wellness and Advisory..

The 2025 NedFinHealth Index, released by Nedbank, indicates that the financial health of working South Africans has improved for the third year in a row, reaching a score of 56.4 out of 100, up from 54.8 in 2024 and 53.1 in 2023. While the index highlights stronger day-to-day money management among workers in 2025, confidence in long-term financial security remains inconsistent. Thami Ngubeni spoke to Dr Frank Magwegwe, Nedbank Executive for Financial Wellness and Advisory..

Nedbank's NedFinHealth Index shows that the financial health of working South Africans is improving  

Informal traders in South Africa have taken to the streets of the country's economic hub, Johannesburg, protesting what they describe as "harassment" and "ill-treatment" by the metro's municipal authorities. The demonstration follows months of tension over the removal of hundreds of traders from areas within the Inner City Improvement District. City officials say the operation is aimed at promoting order and cleanliness, addressing safety risks, and enforcing bylaw compliance. However, affected traders argue that the clampdown has unfairly targeted legal informal businesses and threatened their livelihoods. Thami Ngubeni spoke to Matron Mhlanga, the General Secretary of the African Traders Organisation.

Informal traders in South Africa have taken to the streets of the country's economic hub, Johannesburg, protesting what they describe as "harassment" and "ill-treatment" by the metro's municipal authorities. The demonstration follows months of tension over the removal of hundreds of traders from areas within the Inner City Improvement District. City officials say the operation is aimed at promoting order and cleanliness, addressing safety risks, and enforcing bylaw compliance. However, affected traders argue that the clampdown has unfairly targeted legal informal businesses and threatened their livelihoods. Thami Ngubeni spoke to Matron Mhlanga, the General Secretary of the African Traders Organisation.

Informal traders in SA protest over "harassment" and "ill-treatment" by the Johannesburg metro's municipal authorities

The Nigeria Data Protection Commission (NDPC), has opened an investigation into Chinese-owned e-commerce giant Temu for suspected data-law violations. The country's data watchdog says concerns over Temu's data-processing practices - including online surveillance, opaque handling, cross-border transfers and possible breaches of data-minimisation rules- triggered the investigation. The probe could result in legal penalties in one of Africa's biggest markets. Thami Ngubeni spoke to Dr Adebunmi Adeola Akinbo, Founder of Digital Space for Digital Governance, custodian of the DNS School for Digital Governance Fellowship

The Nigeria Data Protection Commission (NDPC), has opened an investigation into Chinese-owned e-commerce giant Temu for suspected data-law violations. The country's data watchdog says concerns over Temu's data-processing practices - including online surveillance, opaque handling, cross-border transfers and possible breaches of data-minimisation rules- triggered the investigation. The probe could result in legal penalties in one of Africa's biggest markets. Thami Ngubeni spoke to Dr Adebunmi Adeola Akinbo, Founder of Digital Space for Digital Governance, custodian of the DNS School for Digital Governance Fellowship

Nearly half of SA adults borrowing money to afford groceries: Survey

In 1 playlist(s)

Africa in Business

Social links

Recent clips