Recent data from Experian highlights a concerning trend in South Africa’s credit landscape, where the 20-29 age group holds just 10% of the country’s credit accounts. This indicates a significant barrier for the youth trying to access credit, potentially hindering their financial growth and economic participation. Factors contributing to this limitation include insufficient credit history, high unemployment rates, and economic disparities that disproportionately affect younger populations. As financial inclusion becomes essential for economic development, addressing the challenges that prevent young people from accessing credit could stimulate broader economic benefits. Bridging this gap is crucial for empowering young South Africans and ensuring they can actively participate in the economy. Financial institutions and policymakers are urged to develop tailored initiatives to integrate youth more effectively into the credit system, enabling them to build credit histories and improve financial literacy.
Business DayNew data shows declining commuter numbers create vicious cycle for London’s buses
June 17, 2026
Recent data reveals a troubling trend for London’s public transportation system, showing a significant decline in commuter numbers affecting the capital’s bus services. As commuter