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    Josia Shigwedha

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    Josia Shigwedha

Corporate Credit

2 Results / Page 1 of 1

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Business / Economics

Private Sector Credit Growth Accelerates to Pre-Pandemic Levels .

Private sector credit grew by 5.7% year-on-year in June, up from 4.1% in May—the fastest pace since early 2020. Corporate credit surged 10.6%, fueled by strong activity in mining, energy, retail, and manufacturing sectors. Overdrafts jumped 17.4%, driven largely by real estate development and rising consumer demand, explained Simonis Storm economist Almandro Jansen.

today5 August, 2025

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Business / Economics

Corporate Borrowing Drives PSCE Growth

  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:  

today5 February, 2025