Podcasts about transunion africa

Viv Govender of Rand Swiss unpacks Trump's criticism of Fed Chair Powell – what's behind it? Fatgie Adams from TransUnion Africa highlights why credit reports matter as more South Africans start paying attention. John Jack, CEO of Galetti Corporate Real Estate, weighs in on whether the property market is back to pre-pandemic levels – and if it's a safe haven.

Fatgie Adams of TransUnion Africa emphasises the need to check one's financial standing regularly, especially to identify possible fraud or unknown outstanding payments.

Kea Nonyana from Scope Prime on Renergen's long-awaited helium production and his top pick among JSE-listed diversified miners. Absa's Adam Reeves unpacks the mechanics of structured products, while Mladen Čólić from TransUnion Africa explores the rise of Buy Now Pay Later and its role in financial inclusion across the continent.

HOT TOPIC: Topic: Budget Speech Analysis- Consumer Optimism vs. Reality Guest: Lee Naik, CEO of TransUnion Africa

HOT TOPIC Topic: The Future of Inclusive Credit Scoring Guest: Fatgie Adams, Head of Credit Risk Solutions, TransUnion Africa

Expert Topic: TransUnion insurance trends survey Guest: Schalk Fischer, Insurance Vertical Sales Leader at TransUnion Africa

Relebogile Mabotja speaks to Dee Chetty the Chief Product Officer at TransUnion Africa about navigating credit amid South Africa's high cost of living. See omnystudio.com/listener for privacy information.

Rwanda is rising as a regional financial centre, catching the East African fintech wave to drive economic and social transformation and to broaden financial inclusion. In today's episode, I'm speaking to TransUnion's CEO for Rwanda and Head of Africa Growth Regions, Sam Tayengwa to hear about the energy and progress that's bubbling to the surface there. We talk about mobile loans, of course, but also the emergence of old classics like mortgages and vehicle loans.TransUnion is, as Sam said, at https://www.transunion.com/ but also at https://www.transunion.co.za/ and https://www.transunionafrica.com/rwanda (I think he got that a little wrong in the episode)You can jump straight to Sam at https://www.linkedin.com/in/samtayengwa/, he's well worth the follow, and also check our TransUnion Africa's regional president, Lee Naik at https://www.linkedin.com/in/naikl/ and subscribe to his Elewa newsletter at https://www.linkedin.com/newsletters/elewa-africa-thinking-6706525337850781696/ LinkedIn is where you can find and connect with me: https://www.linkedin.com/in/brendanlegrange (please do reach out, follow the show's page, and share the content with your networks)Meanwhile, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is discussed at https://confirmu.com/ and on episode 24 of this show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback or questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.Keep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Dries Zietsman, hoof inkomstebeampte by TransUnion Africa gesels oor sy agtergrond, loopbaan, die industrie waarin hy is, en wat hy doen om te ontspan. Volg RSG Geldsake op Twitter

Weihan Sun Director of Research and Consulting at TransUnion Africa on consumer optimism despite tough economic times

NOLUTHANDO MTHONTI - MLAMBO speaks to Weihan Sun, Director of Research and Consulting at TransUnion Africa about how communication is key when it comes to consumers & lenders. And it's not a crisis faced by only the lower LSM but even the affluent LSM is also struggling. See omnystudio.com/listener for privacy information.

South Africa's automotive industry continued its recovery from Covid-19 in the second quarter of the year, with vehicle sales reaching levels last seen before the pandemic. A growing number of those deals are for new cars, with the number of new-passenger finance deals increasing 34% year-on-year, compared with 5.4% for used-passenger vehicles, notes the latest TransUnion South Africa Vehicle Pricing Index (VPI) report. The index also shows that new-car prices still lag inflation, while used cars continue to become relatively more expensive. The latest TransUnion VPI for new vehicles moved from 6% in the second quarter of last year, to 3.9% in the second quarter of this year, with the used-vehicle index soaring from 4.9% to 8.3% in the same period. In contrast, South Africa's overall inflation rate was 5.9% at the start of the second quarter of this year. The VPI measures the relationship between the increase in vehicle pricing for new and used vehicles from a basket of passenger vehicles, which incorporates the 15 top volume brands. The index is created using vehicle-sales data from across the industry. As a result of the new pricing trends, the ratio of used-to-new vehicles sold shifted significantly in the past quarter, notes TransUnion. A year ago, 2.67 used vehicles were sold for every new vehicle. In the second quarter of this year, however, this declined to 2.1. Within the used-vehicle market, 27% of cars sold were less than two years old, with this number continuing to decrease as the supply of quality used vehicles remains under pressure. Demo models financed made up 4% of used financed deals. TransUnion Africa auto information solutions VP Kriben Reddy says the recent growth numbers have to be taken in context, and warns that lagging indicators like rising interest rates could still impact sales going forward. “The market is heading in the right direction, but we have to remember that a year ago we were in the midst of level four lockdowns and civil unrest, which depressed the market severely. “We're also almost certainly going to see the impact of rising inflation and interest rates at a time when household incomes are not growing at the same levels.” Consumer Choices According to the TransUnion VPI report, consumer buying patterns showed that one in three (33%) of new and used financed vehicles were hatchbacks, while one in five (20%) were sports-utility vehicles. Sedans retained their market share, although this was mainly in the used-vehicle market, where supply remains constrained. Consumers between the ages of 26 and 40 bought nearly half of all vehicles financed, of which most were used. The percentage of cars (new and used) being financed below R200 000; between R200 000 to R300 000; and over-R300 000 has had year-on-year movement in the second quarter of 2022, with a clear move from under-R200 000 to the over-R200 000 bracket. “Looking ahead, the big challenge for the industry is to transform itself to drive the transition to electric vehicles (EVs) as fuel prices continue their upward trend and the need to reduce emissions becomes more pressing,” says Reddy. “Our local production facilities will have to invest and tool up to manufacture more EVs to meet demand, and dealers should be driving the uptake of EVs by educating consumers.”

South Africa's automotive industry continued its recovery from Covid-19 in the second quarter of the year, with vehicle sales reaching levels last seen before the pandemic. A growing number of those deals are for new cars, with the number of new-passenger finance deals increasing 34% year-on-year, compared with 5.4% for used-passenger vehicles, notes the latest TransUnion South Africa Vehicle Pricing Index (VPI) report. The index also shows that new-car prices still lag inflation, while used cars continue to become relatively more expensive. The latest TransUnion VPI for new vehicles moved from 6% in the second quarter of last year, to 3.9% in the second quarter of this year, with the used-vehicle index soaring from 4.9% to 8.3% in the same period. In contrast, South Africa's overall inflation rate was 5.9% at the start of the second quarter of this year. The VPI measures the relationship between the increase in vehicle pricing for new and used vehicles from a basket of passenger vehicles, which incorporates the 15 top volume brands. The index is created using vehicle-sales data from across the industry. As a result of the new pricing trends, the ratio of used-to-new vehicles sold shifted significantly in the past quarter, notes TransUnion. A year ago, 2.67 used vehicles were sold for every new vehicle. In the second quarter of this year, however, this declined to 2.1. Within the used-vehicle market, 27% of cars sold were less than two years old, with this number continuing to decrease as the supply of quality used vehicles remains under pressure. Demo models financed made up 4% of used financed deals. TransUnion Africa auto information solutions VP Kriben Reddy says the recent growth numbers have to be taken in context, and warns that lagging indicators like rising interest rates could still impact sales going forward. “The market is heading in the right direction, but we have to remember that a year ago we were in the midst of level four lockdowns and civil unrest, which depressed the market severely. “We're also almost certainly going to see the impact of rising inflation and interest rates at a time when household incomes are not growing at the same levels.” Consumer Choices According to the TransUnion VPI report, consumer buying patterns showed that one in three (33%) of new and used financed vehicles were hatchbacks, while one in five (20%) were sports-utility vehicles. Sedans retained their market share, although this was mainly in the used-vehicle market, where supply remains constrained. Consumers between the ages of 26 and 40 bought nearly half of all vehicles financed, of which most were used. The percentage of cars (new and used) being financed below R200 000; between R200 000 to R300 000; and over-R300 000 has had year-on-year movement in the second quarter of 2022, with a clear move from under-R200 000 to the over-R200 000 bracket. “Looking ahead, the big challenge for the industry is to transform itself to drive the transition to electric vehicles (EVs) as fuel prices continue their upward trend and the need to reduce emissions becomes more pressing,” says Reddy. “Our local production facilities will have to invest and tool up to manufacture more EVs to meet demand, and dealers should be driving the uptake of EVs by educating consumers.”

Did you know that 3/10 people can't pay off their debt 6 months after purchase?   Black Friday and Cyber Monday are around the corner which means plenty of temptation for spending money you may not have. In this episode Warren Ingram speaks to CEO of TransUnion Africa, Lee Naik, on how to get a good credit rating, debt statistics around promo season, avoiding online fraud and tips for smart spending this Black Friday. Questions/ Topics: What are some of your top tips to help someone get a good credit rating? How do I access my credit report and how will it help me? From Nov 2020, what were the credit payments like 6 months after purchase? What are the current statistics of online fraud? Tips for avoiding digital fraud this Black FridayTips for smart spending this Black Friday/ Cyber MondayHave any questions? Don't forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Kriben Reddy – Vice president: Auto Information Solutions, TransUnion Africa

Clement speaks to Lee Naik CEO at TransUnion Africa & Allon Raiz, CEO at Raizcorp for the Listeners choice feature about blacklisting. See omnystudio.com/listener for privacy information.

Kriben Reddy - Vice President: auto information solutions, TransUnion Africa

Kriben Reddy - Vice President: auto information solutions, TransUnion Africa

The South African car market showed signs of resilience in the third quarter of the year as it bounced back from an all-time-low second quarter to record month-on-month increases in the number of new and used cars financed in August and September, this according to the latest TransUnion South African Vehicle Pricing Index (VPI). While total financial agreement volumes in the passenger market showed an expected 21% year-on-year decline from the third quarter last year, the market overcame rising vehicle prices, difficult trading conditions and uncertainty to record 35% and 45% month-on-month increases in August and September respectively, albeit off a low base. This suggests that while challenging times still lie ahead, the industry could be on the road to recovery from the total shutdown caused by the Covid-19 pandemic, says TransUnion Africa auto information solutions VP Kriben Reddy. “Overall, the global automotive industry has had another challenging quarter. In South Africa, it has been a quarter of gradual recovery in terms of business and consumer confidence, new-vehicle sales, finance applications and overall demand. “While the automotive industry is not yet out of the woods, the small gains made towards the end of the quarter off the back of record lows in the second quarter is a real positive for the industry.” Some bad news for consumers is that vehicle prices continue to rise, with the VPI showing that new-vehicle pricing rose above inflation for a second successive quarter. The VPI for new vehicles moved to 7.6% in the third quarter of this year, from 3.3% in the same period last year, with the used-vehicle VPI rising to 2.3% from 1.1% in third quarter last year. This follows ten quarters of vehicle price increases remaining below inflation, and could herald a cycle of further increases, notes Reddy. The VPI measures the relationship between the increase in vehicle pricing for new and used vehicles from a basket of passenger vehicles that incorporates 15 top volume manufacturers. The index is created using vehicle sales data from across the industry. “In South Africa, new-vehicle pricing is not driven by demand. As around 70% of our vehicles are imported, factors like exchange rates and tax duties play a big part in the price hikes. The used-car market, on the other hand, is entirely-demand driven, so the fact that we’re seeing a rise in the prices of used cars shows a clear increase in demand for second-hand vehicles,” says Reddy. The used-to-new ratio increased marginally from 2.31 in the third quarter of 2019 to 2.35 in the third quarter this year. This means that for every new vehicle financed, 2.35 used vehicles are financed. The make-up of used-vehicle sales shows that 36% of vehicles financed are under two years old, with demo models making up 6% of used finance deals. This indicates consumers are opting for older vehicles as pressure on disposable income increases. The percentage of cars (new and used) being financed below R200000, R200000 to R300000 and over R300000, has seen a movement back towards vehicles over R300000 in the third quarter of this year – the highest since TransUnion started tracking these categories in 2011. While this could be seen as a positive sign, it is also indicative of segment movements through higher-vehicle pricing, premium brand used vehicles and a shift towards consumers purchasing bakkies. Reddy says the fact that interest rates have dropped to an all-time low, could assist some consumers from an affordability point of view, although lenders facing high delinquency rates would need to manage key metrics to minimise their risk by amending thresholds of loan-to-value ratios, loan terms and balloon payments. “Consumers and dealers need to be cognisant of the vehicles they purchase or stock, due to de-fleeting and possible vehicle repossessions as a result of defaults on repayment agreements in the upcoming months.”

Moneyweb Radio — Lee Naik – CEO, TransUnion Africa

Digital, Innovation, Humanity and the Virus! — True invention and innovation only exist when people are having fun Lee Naik (TransUnion Africa | CEO | LinkedIn Top Voice | Columnist | Speaker) Lee and I shoot the breeze on his thoughts about this new world order and where he thinks we are. We've known each other for many years so much is said between the lines but I'm sure you will enjoy the chat. He also shares some amazing nuggets re their TransUnion findings My key take-away : Joy, Re-invention & innovation of self is key to this new dispensation. The report (the latest weekly results of the impact of COVID-19 on South Africans across the country) can be found here https://content.transunion.com/v/financial-hardship-report-sa-week-two I mentioned this George Gilder book during the interview https://www.amazon.com/Telecosm-World-After-Bandwidth-Abundance/dp/0743205472 Highly recommend this one too https://www.amazon.com/Microcosm-Quantum-Revolution-Economics-Technology/dp/067170592X Follow Stafford on Twitter https://twitter.com/staffordmasie Connect with Stafford on LinkedIn https://www.linkedin.com/in/stafford-masie-69489726/ When you're ready to #BeHeard, contact the podcast specialists at

Classic 1027 — Lee Naik, CEO of TransUnion Africa

Moneyweb Radio — Kriben Reddy - Vice president: auto information solutions, TransUnion Africa

Kat talks to Hans Zacher, head of emerging markets at Transunion Africa about how they see the commercial impact of Covid19.

Kat talks to Hans Zacher, head of emerging markets at Transunion Africa about what we can expect from a Covid19 consumer credit perspective.

Guest: Lee Naik | CEO at TransUnion Africa

Moneyweb Radio — Lee Naik - Regional president, TransUnion Africa

Lee Naik is the CEO of TransUnion Africa, a subsidiary of the giant American consumer credit reporting agency, TransUnion, that’s listed on the New York Stock Exchange. Prior to joining TransUnion Africa, Lee spent 18 years at Accenture, where he served as Managing Director of Accenture Digital in Sub-Saharan Africa. Since signing up to lead TransUnion Africa in January 2017, he’s been tasked with shaping the company’s continental growth strategy— a process that’s so far necessitated the recruitment of key senior talent, the orchestration of major tech platform updates, and the expansion of the firm’s range of information solutions. In this conversation with Andile Masuku - which forms part African Tech Roundup’s podcast miniseries on digital assets (http://bit.ly/atrudigitalassets) - Lee offers insight into how data-led legacy corporates like TransUnion Africa are grappling with the prospect of a future led by democratised technologies and open source collaboration. Editorial Disclaimer: Raise (https://getraise.io) is the presenting sponsor of this podcast, which is part of an African Tech Roundup miniseries focused on digital assets. Raise is a founding member of the African Digital Asset Framework - ADAF (http://adaf.io). African Tech Roundup retains full editorial control over all published content. Opinions expressed by the host, Andile Masuku, and his guests, do not necessarily reflect the opinions of the presenting sponsor, Raise.

Business Day TV — Many business owners and leaders struggle to find the balance between working and making time for family, for exercise and simply for me-time. Lee Naik, CEO: TransUnion, unpacks his approach to finding this balance.

Business Day TV — David Seinker, CEO of The Business Exchange, gets guidance from the panel on how to mitigate the imminent arrival of an international competitor. Lee Naik, CEO: TransUnion Africa, unpacks the words “tough times” and gives tips on how leaders could steer the boat through turbulent waters. Monalisa Sam, MD: Tungwa Retail Holdings, shares her experience of becoming a first-time mother and the challenges of getting back into the work space.

Business Day TV — Cezanne Britain, Founder: Britain Renecke, has a legal practice that mostly relies on word of mouth referrals for growth. Allon Raiz gives her tips on how to grow her network to speed up the process. Lee Naik, CEO of TransUnion Africa, unpacks what an A-team exists of, how to choose the team and how to nurture them to full potential. Paula Sartini, CEO of BrandQuantum, unpacks what the initial purpose of a tag-line is and how tag-lines evolve and change as the business grows.

CliffCentral.com — Heading up a large, multi-national organisation is not easy – even tougher is a new CEO’s first 6 to 12 months leading a team and organisation that may even be resistant to change. Gareth Armstrong is joined in studio by Lee Naik, CEO of TransUnion Africa, to explore how he has coped with his first 10 or so months in the CEO office and how his new organisation is moving, growing, and changing under his leadership. Don’t miss this #FutureCEOs conversation.

Intelligent Africa™ — CliffCentral.com — Heading up a large, multi-national organisation is not easy – even tougher is a new CEO’s first 6 to 12 months leading a team and organisation that may even be resistant to change. Gareth Armstrong is joined in studio by Lee Naik, CEO of TransUnion Africa, to explore how he has coped with his first 10 or so months in the CEO office and how his new organisation is moving, growing, and changing under his leadership. Don’t miss this #FutureCEOs conversation.

Intelligent Africa™ — Heading up a large, multi-national organisation is not easy – even tougher is a new CEO’s first 6 to 12 months leading a team and organisation that may even be resistant to change. Gareth Armstrong is joined in studio by Lee Naik, CEO of TransUnion Africa, to explore how he has coped with his first 10 or so months in the CEO office and how his new organisation is moving, growing, and changing under his leadership. Don’t miss this #MeetTheCEO conversation. Join The Community →

The latest TransUnion vehicle pricing index has revealed that prices for new passenger vehicles shrunk from 8.4 percent in last year's second quarter to 5.4 percent in this year's second quarter. The vehicle pricing index, considers data from South Africa's top 15 manufacturers, comparing the rates at which both new and used financed vehicle prices increase on a quarterly basis. Tsepiso Makwetla spoke to Kriben Reddy, Director for Product and New Business Development for TransUnion Africa