Households’ ability to incur, manage debt improving

The Altron Fintech Household Financial Resilience Index (Afhri) for the second quarter has confirmed that the average household in South Africa enjoys a more advantageous disposition towards incurring and managing debt than before the Covid-19-pandemic. The results of the Afhri index released in August also showed this, meaning that the long-term upward trend in the index is likely to continue in 2022.

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