South Africa’s trade with BRIC countries has expanded in recent years, as exports to BRIC countries grew from R20 billion in 2005 (EUR1 billion), to R154 billion (EUR9 billion) in 2013 (although this has since slowed to R147 billion (EUR8.5 billion) in 2015). Imports have similarly increased from R48 billion (EUR2.8 billion) in 2005 to R277 billion (EUR16 billion) in 2015.
1 I will review a few of their findings. First, most home lenders make few, if any, higher-priced loans. In 2004, only about 500 out of the 8,850 reporting institutions made 100 or more higher-priced loans; the ten lenders with the largest volume of higher-priced loans accounted for about 40 percent of all such loans.