Business Day BDLive – 18 March 2013
Andries Mahlangu
…On a two-year outlook, one could expect interest rates to put further pressure on an indebted consumer, said Aeon Investment Management chief investment officer Asief Mohamed.”Retailers have benefited significantly in the past from the significant growth of social grants, low interest rates and rapid growth in unsecured lending. The rate of social grant beneficiary growth and unsecured lending growth is starting to slow down.”…