Busi­ness BRIEF­ING

Weekend Argus (Saturday Edition) - - BUSINESS -

Credit de­mand up in pri­vate sec­tor

GROWTH in credit de­mand from South Africa’s pri­vate sec­tor quick­ened to 7.62 per­cent year-on-year in Oc­to­ber, from a re­vised 7.46 per­cent in Septem­ber, cen­tral bank data showed.

Ex­pan­sion in the M3 mea­sure of money sup­ply also quick­ened to 7.1 per­cent from a re­vised 7 per­cent in Septem­ber.

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