New Altron index shows how pandemic hit short-term credit

New data from listed technology group Altron’s financial technology unit shows that short-term credit extension, a key financial instrument for low-income households and small businesses, fell 12.3% between the first quarter of 2020 and the first quarter of this year.

Altron on Thursday launched a new index, called the Altron Fintech Short-term Credit Impact , which was created in partnership with Keith Lockwood, an independent economic consultant and faculty member at business school GIBS. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Decline in short term credit sheds 1400 jobs, nearly R100 million in taxesJob losses as a result of the pandemic have impacted on the creditworthiness of low-income consumers.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Lower infection rate among health workers prove vaccines workCovid infections among health workers have decreased, proving vaccine effectiveness against the pandemic. I wish I contacted earlier Linda__Stouffe this year I'm sharing this to encourage every beginner and Bitcoin lover to get in touch with her she is very legit and God fearing person Linda__Stouffe Did you bother to factor in how many health workers may have already been infected, recovered, and have natural immunity to re-infection?
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Pandemic helps blow R6bn in new business to ImperialThis impact was felt across the group, which transports everything from fuel and health-care products to alcohol and other consumer goods
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Musician Khuzani Mpungose won't hold anything back in upcoming reality showMaskandi artist Khuzani Mpungose wants to show fans he's not immune to problems in new reality show Golf, art, film and music 🥺 I’m not trying to convince you or promote anyone, but sincerely speaking ruizfranfxt is one of the bitcoin trading expert so far. I got returns of $25,000 in just two weeks ruizfranfxt is a life saver, you won’t regret trying his service Appreciation they say is an application for more. If I fall to acknowledge you Michael_Jeff_ it will shows how ungrateful I am. i am really grateful to a man who God has used in blessing me and my family in general, guaranteed,trade with him now and thank me later
Source: TimesLIVE - 🏆 28. / 59 Read more »

US industrial production returns to pre-pandemic level: FedProduction by US factories, mines and utilities in August surpassed the level seen before the pandemic caused an unprecedented collapse. Tazcrypto11 has all it takes to turn things well for you with his company platform and strategy on Bitcoin trade and other Crypto currencies..invest with him Tazcrypto11 and you will have a good return of your investments. He's The Best. Air pollution
Source: eNCA - 🏆 49. / 51 Read more »

Call for enforcement of amended animal keeping by-law after pandemic puppy explosionAnimal Welfare Society of SA is eagerly awaiting the enforcement of the City of Cape Town’s animal keeping by-law after the recent increase in puppies being surrendered. About time
Source: IOL - 🏆 46. / 51 Read more »