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.

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

In this week's FNB  Slot, we look at some of the key takeaways from South Africa's 2026/2027 budget speech. Some of the key points of our discussion include the budget relief for households. We also delve further into the increase in the limit of the Tax Free Savings Account from 1 800 dollars, to about 3 000 dollars. Thami Ngubeni spoke to Ester Ochse, Product Head of Integrated Advice at FNB... 

In this week's FNB &nbsp;Slot, we look at some of the key takeaways from South Africa's 2026/2027 budget speech. Some of the key points of our discussion include the budget relief for households. We also delve further into the increase in the limit of the Tax Free Savings Account from 1 800 dollars, to about 3 000 dollars. Thami Ngubeni spoke to Ester Ochse, Product Head of Integrated Advice at FNB...&nbsp;

Ester Ochse, Product Head of Integrated Advice at FNB, unpacks South Africa's 2026/2027 budget speech 

A regional knowledge sharing event on decent work in the construction sector has heard that in South Africa, a construction worker dies every week. Jens Drying Christensen, Senior Enterprise Development Specialist at the International Labour Organisation, says the sector is deeply fragile for many workers. He says work is temporary, high-risk, low-paid, and very often work is too informal. Nhlanhla Mahlangu reports...

A regional knowledge sharing event on decent work in the construction sector has heard that in South Africa, a construction worker dies every week. Jens Drying Christensen, Senior Enterprise&nbsp;Development Specialist at the International Labour Organisation, says the sector is deeply fragile for many workers.&nbsp;He says work is temporary, high-risk, low-paid, and very often work is too informal. Nhlanhla Mahlangu reports...

The International Labour Organisation says the construction sector is deeply fragile for many workers 

The "South-South Axis" linking the Gulf Cooperation Council, India, and Africa is emerging as a dynamic economic bloc, propelled by trade, investment, and strategic partnerships. At the heart of several transactions within this network is Mauritius Commercial Bank (MCB), which plays a pivotal role as a financial facilitator. Recently, MCB completed its inaugural GCC and India-focused syndicated term loan, raising USD 450 million, a landmark deal in the bank's funding strategy. Thami Ngubeni spoke to Anbar Jowaheer, Head of Financial Institutions & Syndication at Mauritius Commercial Bank (MCB)...

The "South-South Axis" linking the Gulf Cooperation Council, India, and Africa is emerging as a dynamic economic bloc,&nbsp;propelled by trade, investment, and strategic partnerships. At the heart of several transactions within this network is Mauritius Commercial Bank&nbsp;(MCB), which plays a pivotal role as a financial facilitator. Recently, MCB completed its inaugural GCC and India-focused syndicated term loan, raising USD 450 million, a landmark deal in the bank's funding strategy. Thami Ngubeni spoke to Anbar Jowaheer, Head of Financial Institutions &amp; Syndication at Mauritius Commercial Bank (MCB)...

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

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