Credit bureau TransUnion has published a new report showing how the coronavirus lockdown is affecting the financial position of South Africans, and their ability to pay bills.
The report is based on a survey of 1,100 adults in South Africa between 28 May – 1 June.
The survey shows that the proportion of consumers saying they are negatively affected by Covid-19 has increased to 84%.
“Consumers in the most vulnerable sectors of the economy are feeling the greatest impact on their income,” TransUnion said.
“89% of consumers employed in each of the construction and restaurant or food…