Intellidex’s Senior Banks Analyst Nolwandle Mthombeni joins Michael Avery on Business Watch once again. She joins as a panellist to discuss findings from Intellidex’s June Banking Monthly alongside David Buckham, CEO of Monocle Solutions.
Topics of interest for June 2022, as discussed by the panel, include the implications of loadshedding stage 6 for South Africa’s GDP, the unexpected increase of passenger vehicle sales despite rising fuel costs and buy-now-pay-later.
“Last week we, surprisingly, had new numbers that said that new passenger vehicles are on the rise. This is a bit counterintuitive if you think about the way the petrol prices have gone. But it seems like there is a demand,” says Nolwandle Mthombeni.
Watch the full panel discussion below.
The Banking Monthly is a report launched by Intellidex in April 2022. A new report is available on the first Tuesday of every month. You can download your version of the June report here.