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You are here: Home / Archives for Africa

Africa

25 September 2026

South Africans and Migrants: Study Tracks the Barriers to Being Good Neighbours

Location: News

Mutual suspicion and prejudice continue to undermine relations between South Africans and African immigrants.

Read moreSouth Africans and Migrants: Study Tracks the Barriers to Being Good Neighbours
25 September 2026

Kenya’s Central Bank Penalised 33 Banks for Overcharging Borrowers

Location: News

Kenya’s central bank penalised 33 commercial banks in 2025 for failing to comply with rules governing risk-based loan pricing, while […]

Read moreKenya’s Central Bank Penalised 33 Banks for Overcharging Borrowers
24 September 2026

Today’s Political Struggle in South Africa Is Inextricably Linked to the Heritage of Future Generations

Location: News

Today’s political struggle in South Africa is inextricably linked to the heritage of future generations. Just like every parent has the responsibility to ensure, through their words and actions, that their family’s and nation’s cultural heritage is kept alive and honoured, so every person has a duty and responsibility to safeguard and build the future […]

The post Today’s political struggle in South Africa is inextricably linked to the heritage of future generations appeared first on Freedom Front Plus.

Read moreToday’s Political Struggle in South Africa Is Inextricably Linked to the Heritage of Future Generations
24 September 2026

South Africa’s Green Building Upgrades Are Rising – But Major Cities Still Dominate, Study Finds

Location: News

Green ratings are growing in South Africa, mainly for upgraded older buildings, but some low scores suggest buildings may appear greener than they are.

Read moreSouth Africa’s Green Building Upgrades Are Rising – But Major Cities Still Dominate, Study Finds
24 September 2026

MPC Rate Hike Intensifies Existing Affordability Pressures on South African Households

Location: Business

TransUnion South Africa says today's decision by the South African Reserve Bank's Monetary Policy Committee to increase interest rates by 25 basis points reflects ongoing concern around inflation risks and inflation expectations. However, the increase comes at a time when many households remain under significant affordability pressure.

The 25-basis-point increase adds to a range of affordability pressures that have steadily eroded purchasing power throughout 2026. While inflation has moderated, many households have yet to experience meaningful relief in their monthly finances.

According to the South African Reserve Bank's June 2026 Quarterly Bulletin, household debt-to-disposable income increased from 61.8% in Q4 2025 to 62.2% in Q1 2026, while debt-service costs remained elevated at 8.4% of disposable income.

Statistics South Africa's Quarterly Labour Force Survey reported that unemployment increased to 33.6% in Q2 2026, while youth unemployment reached 47.4%, highlighting the continued pressure on income growth and household resilience.

According to TransUnion's Q2 2026 Consumer Pulse Study, consumers continue to adapt to financial pressure through behaviourial changes. 52.7% of consumers have reduced discretionary spending, 63.4% actively seek discounts and promotions, 44.2% shop at lower-cost retailers, 38.8% expect difficulty paying future bills and loans, while a proportion are drawing down savings and increasingly relying on credit products and flexible payment solutions to manage daily expenses

"Consumers have demonstrated remarkable resilience, but affordability remains fragile and increasingly sensitive to further cost increases. Today's rate increase adds pressure to households already facing elevated fuel costs, transport expenses and ongoing affordability challenges,” says Lee Naik, chief executive officer and regional president, TransUnion Africa. “Consumers are not facing a new problem, but a deepening of pressures that already exist”

TransUnion notes that affordability pressures have intensified through much of 2026. High unemployment continues to constrain household income growth and weaken financial resilience, contributing to cautious spending behaviour and increased demand for credit.

What the Decision Means for Consumers

A 25-basis point increase is expected to raise monthly repayments on a R1 million home loan by approximately R160 to R170 per month, while repayments on a R2 million home loan could increase by around R320 to R340 per month. A consumer financing a R400,000 vehicle could see repayments increase by approximately R65 per month.

Although relatively modest in isolation, these additional costs arrive at a time when households are already contending with high living expenses and tighter budgets.

TransUnion expects consumers to respond by reducing discretionary spending, reassessing household budgets and delaying major purchases, prioritising debt obligations and essential expenses. Demand for flexible credit solutions and financial management tools may also increase as households seek to preserve cash flow.

While vehicle finance and mortgage repayment performance have remained relatively resilient, TransUnion cautions that additional monetary tightening could place renewed pressure on repayment performance, particularly within unsecured lending segments where delinquency rates remain elevated.

"South Africans have shown remarkable resilience, but affordability remains fragile. The increase reinforces the need for consumers to proactively manage debt, preserve liquidity and maintain healthy credit profiles," says Naik.

Looking Ahead

TransUnion expects affordability to remain a defining issue for consumers through the remainder of 2026. Elevated fuel and transport costs, weak economic growth, rising unemployment and pressure on household budgets are expected to continue shaping consumer spending and borrowing behaviour.

Statistics South Africa reported that GDP contracted by 0.2% in Q2 2026, while the RMB/BER Business Confidence Index fell to its lowest level since 2024, reflecting continued pressure on economic activity, employment growth and consumer confidence.

The key risk for households is not any single affordability shock, but the cumulative impact of multiple pressures occurring simultaneously, including fuel inflation, constrained income growth, elevated unemployment and increasing reliance on credit to manage day-to-day expenses.

"Whether rates remain unchanged or increase, the reality for many households remains the same: consumers are focused on preserving cash flow, protecting repayment performance and managing essential expenses in a challenging economic environment," says Naik. "Affordability will continue to shape how South Africans spend, save and borrow in the months ahead."

Read moreMPC Rate Hike Intensifies Existing Affordability Pressures on South African Households
23 September 2026

South Africa’s Minibus Taxi Industry Has Lessons for Policymakers on How Informal Systems Work

Location: News

South Africa’s minibus taxi industry contains extensive knowledge, organisation and social practices developed by the people who work in and depend on it.

Read moreSouth Africa’s Minibus Taxi Industry Has Lessons for Policymakers on How Informal Systems Work
22 September 2026

City of Cape Town Should Consider All Possible Alternative Solutions to Baboon Issue

Location: News

There are viable alternatives, such as electric fencing, which would ensure the survival of baboon troops on the southern Cape Peninsula. The Freedom Front Plus (VF Plus) considers permanent confinement in cages and mass sterilisation to be inhumane and unnecessary. Various parts of the Peninsula have been affected by the long-standing conflict between growing human […]

The post City of Cape Town should consider all possible alternative solutions to baboon issue on Southern Peninsula appeared first on Freedom Front Plus.

Read moreCity of Cape Town Should Consider All Possible Alternative Solutions to Baboon Issue
22 September 2026

Gabon Targets $2 Billion International Borrowing for 2027

Location: News

Gabon plans to raise about $2.01 billion from international markets in 2027 to help finance its budget, as the government […]

Read moreGabon Targets $2 Billion International Borrowing for 2027
21 September 2026

Teenage Girls May Know How to Prevent Pregnancy – That Doesn’t Mean They Have the Power to Do It

Location: News

Teenage pregnancy makes visible the pressures, relationships and reproductive conditions that shape young people’s lives across southern Africa.

Read moreTeenage Girls May Know How to Prevent Pregnancy – That Doesn’t Mean They Have the Power to Do It
19 September 2026

Kenya’s Startup Boom Has Left a $718 Million Graveyard

Location: Business, News

Thirteen Kenyan startups that raised about $718 million have collapsed, shut down or entered administration over the past five years, […]

Read moreKenya’s Startup Boom Has Left a $718 Million Graveyard
19 September 2026

Africa’s Red Sea States Face Growing Risks as Houthi Rebels Expand Their Reach

Location: News

The African shoreline is now much more valuable to outsiders who want to monitor, contain or outflank the waterway opposite them.

Read moreAfrica’s Red Sea States Face Growing Risks as Houthi Rebels Expand Their Reach
19 September 2026

Zambia’s Gold Tax Could Drive Billions of Dollars of Trade Elsewhere

Location: News

Zambia is considering reducing a 16% value-added tax on gold to encourage artisanal and small-scale miners to sell through formal […]

Read moreZambia’s Gold Tax Could Drive Billions of Dollars of Trade Elsewhere
18 September 2026

Nigeria’s Terra Has Won $1 Million Mining Contract for Kaduna Project

Location: News

Nigerian defence technology company Terra Industries has secured a $1 million contract to provide autonomous surveillance and security at the […]

Read moreNigeria’s Terra Has Won $1 Million Mining Contract for Kaduna Project
17 September 2026

Brown Is Beautiful: What Namibia’s Capital Windhoek Can Teach African Cities as They Get Hotter and Drier

Location: News

New research shows how Windhoek’s ‘Brown is Beautiful’ approach could use its dry landscape to protect the city from heat, drought and floods.

Read moreBrown Is Beautiful: What Namibia’s Capital Windhoek Can Teach African Cities as They Get Hotter and Drier
17 September 2026

TransUnion Botswana Launches Three New Intelligence Solutions to Help Advance Smarter Lending and Financial Inclusion

Location: Business
  • Following the recent licensing process, TransUnion is reaffirming its commitment to Botswana through investment in enhanced data capabilities and the launch of three new intelligence solutions
  • An enhanced and enriched dataset gives lenders a more comprehensive view of borrower behaviour and payment performance
  • New analytical solutions are designed to help financial institutions make better lending decisions, improve risk management and unlock greater economic participation.

TransUnion Botswana announces the launch of three new intelligence solutions designed to help financial institutions make smarter lending decisions, strengthen risk management and responsibly expand access to credit. Supported by an enhanced dataset that provides a richer view of consumer payment behaviour, the new solutions will help lenders unlock greater economic participation while supporting sustainable growth across Botswana's financial sector.

Following the recent licensing process, TransUnion is continuing to invest in Botswana's financial ecosystem through enhanced data capabilities, advanced analytics and new solutions designed to support lenders and consumers alike.

"The launch of these three new solutions represents an important investment in Botswana's financial future," says Kabelo Ramaselwana, chief executive officer, TransUnion Botswana. "Financial institutions need deeper insights and stronger analytics to support responsible growth. By combining richer data with advanced intelligence solutions, we are helping lenders make better decisions, expand access to credit and support greater economic opportunity."

New Intelligence Solutions for a New Credit Environment

TransUnion is introducing three new capabilities designed to help Botswana's financial institutions grow responsibly, improve decision-making and unlock new opportunities.

  • Industry Scores use sector-specific predictive models to help lenders assess thin-file and credit-invisible consumers with greater confidence.
  • Collections Solutions enable smarter, data-driven collections strategies that improve recoveries while reducing operational costs.
  • Business Intelligence Reports provide market and portfolio benchmarking insights, helping organisations understand performance, identify growth opportunities and make more informed strategic decisions.

Together, these three solutions equip organisations with the intelligence needed to expand access to credit, strengthen risk management and drive sustainable growth.

Enhanced Data for Better Lending Decisions

These solutions are underpinned by an enhanced dataset that brings together broader payment and credit information to provide a more complete view of consumer payment behaviour and credit obligations. By reducing fragmented views of borrowers, financial institutions can make more informed decisions across the credit lifecycle, from origination and portfolio management to collections.

For lenders, access to richer information means decisions can increasingly be based on a broader understanding of borrower behaviour, helping institutions identify opportunities while maintaining sound risk management practices.

Unlocking Access to Credit and Economic Growth

Botswana's financial sector is entering a period of significant transition. While the country remains one of Africa's most financially included markets, lenders face increasing pressure to balance growth, affordability and risk amid changing consumer credit profiles, rising living costs and broader economic pressures.

At the same time, significant opportunities remain to broaden access to credit. Although around 72% of adults have access to a bank account or mobile money service, a large share of the population remains outside the formal credit system. As a result, lenders often struggle to assess creditworthiness using traditional risk models, limiting borrowing opportunities for consumers and small businesses.

TransUnion analysis indicates that richer data and enhanced scoring models could increase loan approvals by 4% to 6% annually while maintaining credit quality, potentially unlocking up to P5 billion in additional lending across the market. Enhanced collection capabilities have also demonstrated a 38% increase in visibility and a 40% improvement in collections yield, helping institutions strengthen portfolio performance and support sustainable economic growth.

Supporting Consumer and Business Growth

The opportunity extends beyond personal credit. Botswana's MSME sector employs approximately 175,000 people and generates an estimated P14 billion in annual turnover, yet many businesses continue to rely on manual record-keeping, making it more difficult to demonstrate creditworthiness and access finance. Enhanced commercial credit information and business analytics can help financial institutions better assess these businesses and support their growth through improved access to funding.

As financial institutions navigate an increasingly complex environment, access to deeper market intelligence is becoming increasingly important. TransUnion's Business Intelligence capabilities are designed to help organisations understand portfolio performance trends, monitor market developments and identify emerging opportunities, enabling more informed strategic decision-making.

Investing in Botswana Financial Future

TransUnion remains committed to supporting Botswana's evolving financial sector through ongoing investment in data, analytics and innovation. By combining global capabilities with local market expertise, the company aims to help lenders serve consumers and businesses more effectively while supporting broader economic growth.

"Growth and risk discipline are no longer opposing objectives," says Ramaselwana. "More complete information allows institutions to identify and serve the right consumers and businesses with greater confidence. That is good for lenders, good for consumers and ultimately good for Botswana's economy."

Read moreTransUnion Botswana Launches Three New Intelligence Solutions to Help Advance Smarter Lending and Financial Inclusion
17 September 2026

Kenyans Have Seen This Scam Before. Why Did Teachers Fall For It?

Location: News

Kenya has a puzzling relationship with get-rich-quick investment schemes. From DECI and other pyramid schemes in the 2000s to MMM […]

Read moreKenyans Have Seen This Scam Before. Why Did Teachers Fall For It?
16 September 2026

3 African Wild Dogs Travelled Over 4,000KM to Find Mates – Why That’s Good News for the Endangered Species

Location: News

New GPS tracking on African wild dogs found they could travel long distances to find mates, but more than half did not survive the journey.

Read more3 African Wild Dogs Travelled Over 4,000KM to Find Mates – Why That’s Good News for the Endangered Species
16 September 2026

Voters Should Follow the Electoral Court’s Example and Reject ANC’s Excuses for Incompetence

Location: News

The Freedom Front Plus (VF Plus) welcomes the Electoral Court’s decision to dismiss the ANC’s appeal to reopen the candidate registration process, and the party hopes that voters will follow suit and punish the ANC’s incompetence at the polls during the upcoming elections. This judgment sends a clear message that the ANC can no longer […]

The post Voters should follow the Electoral Court’s example and reject ANC’s excuses for incompetence appeared first on Freedom Front Plus.

Read moreVoters Should Follow the Electoral Court’s Example and Reject ANC’s Excuses for Incompetence
16 September 2026

South Africa Mining Output Is Down 7.5%

Location: News

South Africa’s mining production fell 7.5% year on year in July, dragged lower by declines in platinum group metals (PGMs), […]

Read moreSouth Africa Mining Output Is Down 7.5%
16 September 2026

Rubio’s Message Is Clear: No More Delays in Addressing the USA’s Conditions

Location: News

The contempt that President Cyril Ramaphosa and his administration have demonstrated in ignoring the conditions set by the United States (US) for normalising relations between the two countries for more than a year is now leading to serious and direct consequences. The new policy recently announced by the US Secretary of State, Marco Rubio, aimed […]

The post Rubio’s message is clear: no more delays in addressing the US’s conditions appeared first on Freedom Front Plus.

Read moreRubio’s Message Is Clear: No More Delays in Addressing the USA’s Conditions
16 September 2026

The US Has Offered to Build Kenya’s Mineral Factories in a $62 Billion Deal

Location: News

The United States has offered to help Kenya build mineral-processing factories as part of a proposed deal worth about $62 […]

Read moreThe US Has Offered to Build Kenya’s Mineral Factories in a $62 Billion Deal
15 September 2026

History Is Being Rewritten at an Archaeological Site in Morocco. What the Discovery of an Ancient Wall Tells Us

Location: News

Communities in the north-west Maghreb were able to coordinate large construction projects thousands of years ago.

Read moreHistory Is Being Rewritten at an Archaeological Site in Morocco. What the Discovery of an Ancient Wall Tells Us
15 September 2026

A Smart Insole in Rwanda Aims to Catch Diabetic Foot Problems Before They Become Amputations

Location: News

The possibility of making an artificial limb for someone she loved was something Prisca Nikuze never expected to confront. As a […]

Read moreA Smart Insole in Rwanda Aims to Catch Diabetic Foot Problems Before They Become Amputations
15 September 2026

South Africans Aren’t Giving Up on Car Ownership. They’re Just Buying Differently

Location: Business
  • TransUnion's Q2 2026 Mobility Insights Report reveals new passenger vehicle sales grew 15.8% year-on-year, the strongest annual growth in three quarters.
  • Used-to-New Ratio declines from 3.2 to 2.7 year-on-year, reinforcing the shift towards new vehicles
  • Vehicle purchase intent declined from 22% to 19%, as households became more cautious amid rising affordability pressures.

Despite continued fuel price pressure, rising living costs and ongoing strain on household finances, South Africans continue to prioritise vehicle ownership. According to TransUnion's Q2 2026 Mobility Insights Report, new passenger vehicle sales increased 15.8% year-on-year during the quarter, marking the strongest annual growth recorded in the past three quarters despite challenging economic conditions.

Beneath this growth, however, a significant shift is underway. Consumers are showing renewed interest in used vehicles and more affordable options as affordability becomes a more important consideration. The changing dynamics are reflected in vehicle registration patterns.

The used-to-new ratio declined from 3.2 in Q2 2025 to 2.7 in Q2 2026, indicating that new vehicles gained market share over the past year. While the ratio increased from 2.3 in Q1, the year-on-year movement confirms that the broader shift towards new vehicles remains intact.

"One of the most encouraging findings from this quarter's report is that South Africans have not stepped away from vehicle ownership despite a more challenging economic backdrop," says Ayesha Hatea, director of research and consulting at TransUnion Africa.

"What we are seeing instead is a more pragmatic consumer. Mobility remains essential, but consumers are carefully weighing affordability, financing costs, fuel efficiency and long-term ownership expenses before making purchasing decisions."

As consumers increasingly turn to used vehicles, alternative financing structures, rental models and digital purchasing journeys, the industry's risk profile is evolving alongside these opportunities. Fraud is no longer confined to traditional vehicle-finance applications. Businesses face growing exposure to identity fraud, synthetic identities, document manipulation, income misrepresentation, ownership fraud and payment fraud across multiple points of the automotive ecosystem.

Affordability Reshapes the Market

One of the clearest indicators of changing consumer priorities is the rapid rise of Chinese automotive brands. These brands now account for more than one in every five (22.4%) passenger and light commercial vehicles sold in South Africa, highlighting the growing importance of affordability, technology and overall value in purchasing decisions.

"Affordability has become one of the defining themes of South Africa's mobility market," says Hatea. "Consumers are increasingly looking for the best overall value proposition rather than simply the lowest price. Brands that combine affordability, quality, technology and lower running costs are proving particularly attractive in the current environment."

Consumers Remain Engaged but More Cautious

Data from TransUnion's Q2 2026 Consumer Pulse Survey points to a more measured outlook among households.

The proportion of consumers intending to purchase a vehicle within the next three months declined from 22% in Q1 to 19% in Q2. The decline was most pronounced among lower- and middle-income households, while purchase intent among higher-income households increased from 24% to 27%.

Importantly, this moderation should not be interpreted as weakening demand. Rather, it suggests consumers are becoming more deliberate as affordability pressures intensify.

The continued strength in vehicle sales indicates that vehicle ownership remains a priority for many South Africans. However, consumers are increasingly focused on achieving the right balance between affordability, reliability and long-term value.

Hybrid Vehicles Gain Momentum

The same practical mindset is shaping attitudes towards vehicle technology. While internal combustion engine vehicles continue to dominate the market, hybrid vehicles have emerged as the preferred route to electrification. According to the report, 45% of consumers now consider hybrid vehicles when evaluating their next purchase, making them the most attractive electrified vehicle option in South Africa.

Rising fuel costs, concerns around charging infrastructure and growing awareness of operating expenses are encouraging consumers to seek greater efficiency without compromising convenience.

"South Africa's mobility transition is likely to follow a distinctly local path. Consumers want lower running costs and greater efficiency, but practicality remains paramount. Hybrid technology offers a compelling middle ground between affordability, convenience and sustainability.”

"As automotive customer journeys become increasingly digital, businesses need to connect identity, device, behavioural and financial intelligence to distinguish legitimate customers from higher-risk activity without adding friction to the customer experience," adds Hatea.

Value Will Define the Next Phase of Growth

Despite a more challenging outlook for households and businesses, the report suggests the underlying fundamentals supporting vehicle demand remain intact.

For OEMs, dealers, financiers and insurers, future growth opportunities will increasingly depend on their ability to meet consumer expectations around affordability, convenience and efficiency. Organisations that can help consumers navigate a constrained economic environment through competitive pricing, flexible financing solutions and lower-cost mobility options will be better positioned to respond to demand.

Growth, however, must be supported by intelligent risk management. Traditional verification approaches are increasingly being complemented by layered fraud prevention capabilities that connect identity, device, behavioural, financial and regulatory signals. This helps organisations identify higher-risk activity earlier while reducing friction for legitimate customers.

"The South African vehicle market continues to demonstrate resilience, but success in the next phase of growth will depend on understanding a more selective and value-driven consumer," concludes Hatea. “The ability to deliver affordability, efficiency, trust and long-term value will increasingly determine which brands and businesses succeed in the market.”

Read moreSouth Africans Aren’t Giving Up on Car Ownership. They’re Just Buying Differently
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