Private sector credit growth in South Africa has accelerated and, with further monetary easing on the cards and crowding out by the government likely to wane, we think this will continue. Stronger credit growth, as well as lower debt servicing costs, will support domestic demand and reinforces our view that South Africa’s economy will outperform consensus expectations in 2026-27.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services