Kaya 959 Kaya Biz

Data Signals Imminent Market Turnaround with Surprise Gen Z Buyers

Loading player...
GUEST – Gavin Lomberg, CEO of ooba Home Loans
The Quarter 2 2024 (Q2 ‘24) statistics released by South Africa’s foremost home loan comparison service, ooba Home Loans, reveal that the residential property sector is now poised for a steady recovery, with some of the most interesting developments taking place amongst homebuyers aged 18 -25.
“The imminent rate cuts as well as the political stability and expected market friendly economic environment linked to the establishment of the Government of National Unity (GNU) will lend momentum to the recovery in the coming months,” explains Gavin Lomberg, CEO of ooba Home Loans
23 Jul 2024 3PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min
All episodes