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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

Corporate Borrowing Drives PSCE Growth

today5 February, 2025

Background

 

Private Sector Credit Extension accelerated to 4.0% year-on-year in December 2024, the highest level since early 2023. The increase was fueled by stronger corporate credit demand, while household borrowing remained stagnant. Simonis Storm economist Almandro Jansen:

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    Corporate Borrowing Drives PSCE Growth Leonard Witbeen

 

Written by: Leonard Witbeen

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