SA’s credit growth rises to 7.84% year on year in March

Growth in private sector credit in South Africa in March quickened to 7.84% year on year from a revised 5.17% in February, central bank data showed on Thursday.

Expansion in the broadly defined M3 measure of money supply quickened to 9.49% in March from 7.69% in February.

Source: moneyweb.co.za