Could automating debt conversations help businesses bolster their bottom lines? – ITWeb Africa
Ryan Falkenberg, co-CEO, CLEVVA. There is no escaping the fact that South Africa has a severe and deep-seated debt problem. The average household spent nearly 62% of its income on servicing debt in 2022. While thats slightly down from the 66.1% they spent in 2021, there are other indicators that consumer debt troubles are getting…