STILL CAU­TIOUS

Finweek English Edition - - ECONOMICTRENDS -

Cor­po­rate de­mand for credit will re­main rel­a­tively sub­dued, with busi­nesses prob­a­bly hes­i­tant to ex­pand op­er­a­tions too ag­gres­sively given lin­ger­ing un­cer­tain­ties about the strength of South Africa’s and global re­cov­er­ies, sig­nif­i­cant power and trans­port in­fra­struc­ture con­straints and am­ple spare ca­pac­ity in some sec­tors. Both house­holds and busi­nesses re­main cau­tious, in­di­cat­ing lit­tle pres­sure on in­fla­tion from credit spend­ing.

Credit to house­holds and cor­po­rates

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