Data from SA's biggest digital banker Capitec shows South Africans are getting poorer. | News24_Business
The bank had 20.1 million active clients at the end of February, meaning it has access to the financial data of roughly a third of the population.
With its clients having less disposable income than before, and due to the significant increase in interest rates, Capitec reported a sharp rise in credit losses – a metric that refers to clients being unable to repay their loans.
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