What you need to know about the new direct marketing guidance note
Nadine Mather and Chloë Loubser
Subscribe & Follow
Advertise your job vacancies
Trending
Jobs
- Financial Manager Pretoria
- New Business Personal Lines Insurance Broker Pretoria East
- Commercial Underwriter and Administrator Centurion
- New Business Commercial Lines Insurance Broker Centurion
- Pet Service Ambassadors George
- Business Analyst George
- Solutions Analyst George
- Marketing Specialist - Pet George
- Marketing Specialist- Motor, Warranty and Business George
- Administrator - Filing and Archive Cape Town
South African consumers remain vulnerable
South African consumers are likely to remain financially vulnerable according to Professor Carel van Aardt of the University of South Africa Bureau of Market Research.
Business Live says that the consumer financial vulnerability is measured by income, expenditure, savings and debt servicing.
According to the BMR index, consumers are currently financially vulnerable across all the sub-indices. Van Aardt says that more than 3 000 consumers were interviewed for the survey.
The bureau released its Consumer Financial Vulnerability Index and it shows that consumers felt 1,6% more vulnerable this quarter than in the previous quarter. The index increased from 4,39 points to 4,46 points. An index point of zero indicates consumers feel financially secure.
The factors that contribute to financial vulnerability include bad financial planning, too much debt, not having sufficient savings, a drop in income and the loss of a job.
Van Aardt says that there are now an estimated 15-million people living on social grants while there were just 9-million in formal employment.
Read the full article on www.businesslive.co.za.
