RISE fm Taking Care of Business on RISE fm

TCOB: Standard Bank records an increase in consumers using balloon payments

Loading player...
A 3rd of Standard Bank’s customers looking to buy a car have opted to include the maximum balloon payment in the past 12 months as South Africans continue to struggle with affordability as a result of high interest rates.

Wandile Mazibuko spoke to Mothusi Dire, who is the Head, Dealer Sales and Market, Non-Metro at Standard Bank South Africa for more on this data and its significance in consumer behaviour.
24 Jun 2024 English South Africa Business News

Other recent episodes

Climate Change and Green Enterprise Development Opportunities in Mpumalanga

The Mpumalanga Green Cluster Agency (MGCA), in partnership with the Department of Economic Development and Tourism and other stakeholders, is rolling out a series of District Enterprise Development Engagements focused on unlocking economic opportunities in the green economy across the province. The initiative aims to promote innovation, business growth and…
4 Feb 9 min

Old Mutual Insure Steps in with Immediate Flood Disaster Relief in Mpumalanga

In the wake of the recent floods that have devastated parts of Mpumalanga, Old Mutual Insure has stepped in with immediate disaster relief, providing food parcels and blankets to vulnerable households. Today, we look beyond the disaster itself to explore why rapid private-sector response is so critical, how corporate and…
5 Feb 7 min

Kusini Water Is Looking for the Next Water Champions to Change Lives

Kusini Water is calling on unemployed and entrepreneurial community members, particularly women, youth, and people with disabilities, to apply for the 2026 Water Champions Programme. The Kusini Water Champions Programme gives technical training to 30 young people, primarily unemployed women to gain water technical skills and NQF accreditation in the…
5 Feb 11 min
All episodes