Credit demand accelerated faster than expected in August, growing 4.9% year on year, up from 3.5% in July and beating the Bloomberg consensus forecast of 4.25%.
Denene Erasmus is an Energy Writer based in South Africa. She specializes in covering energy-related topics, including the electricity sector, renewable energy, fossil fuels, and mining. Denene's work has been featured in various publications, including Business Day, Sunday Times, Daily Dispatch, Sowetan, HeraldLIVE, and Energy Central.