SA fintech market forecast to reach R340bn by 2030

SA fintech market forecast to reach R340bn by 2030

South African fintech borrowers are concentrated in below prime risk tiers. South Africa’s fintech market is projected to reach $19.5 billion (R340 billion) by 2030, signalling a major shift in how consumers engage with credit. This is according to TransUnion’s latest research into SA’s fintech lending market, which reveals insights into borrower behaviour, loyalty and…

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Hurricane Humberto likely to bring dangerous surf to most of East Coast this week. Maps show its forecast path.

Hurricane Humberto likely to bring dangerous surf to most of East Coast this week. Maps show its forecast path.

Hurricane Humberto is likely to bring dangerous surf to most of the U.S. East Coast and Bermuda this week, the Miami-based National Hurricane Center said, adding that tropical storm conditions are possible in Bermuda on Tuesday. The swells will likely cause “life-threatening surf and rip current conditions,” the center warned. Humberto rapidly strengthened over the…

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Pakistan issues glacial floods alert for northwest, heavy rain forecast | Climate Crisis News

Pakistan issues glacial floods alert for northwest, heavy rain forecast | Climate Crisis News

Areas affected include popular tourist destinations, such as Fairy Meadows, Khyber Pakhtunkhwa and Gilgit-Baltistan. Pakistan has issued a warning about glacial flooding in the northwest with more rain forecast in the coming week, as the country experiences above-average rainfall this monsoon season and continues to struggle to recover from devastating floods in 2022. Downpours are…

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Maps show Hurricane Erick’s latest forecast as it nears Mexico’s Pacific coast as “extremely dangerous” Category 4

Maps show Hurricane Erick’s latest forecast as it nears Mexico’s Pacific coast as “extremely dangerous” Category 4

Hurricane Erick — the fifth-named storm of the Eastern Pacific hurricane season — is approaching the coast of southern Mexico as “an extremely dangerous” Category 4 storm, the National Hurricane Center said around 4 a.m. ET on Thursday. Erick strengthened into a major storm hours earlier, and the hurricane center said its “extremely destructive winds”…

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