SA economy strengthening

More money in circulation shows SA economy strengthening - BankservAfrica

More money being circulated strongly suggests that the health of the South African economy is strengthening, according to Chris Hamilton, CEO of automated payments clearing house BankservAfrica.

BankservAfrica experienced robust growth in the value and volume for real-time clearing (RTC) payments in April 2018 on a year-on-year (y/y) basis.
 
RTCs allow customers to move single credit payments in real time to inter-banked beneficiaries 24 hours a day, seven days a week and 365 days a year.

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Source: 
Fin24

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