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Johannesburg -
There
was an 11% decrease in the total number of civil summonses
issued for debt between June 2009 and June 2010, Statistics
SA said on Thursday.
The second quarter of 2010, however, reflected a 4.6% increase
in the total number of civil summonses issued for debt compared
with the second quarter of 2009.
The major contributors to the 4.6% increase were civil summonses
issued for services (contributing 4.2 percentage points) and
money lent (contributing 2.2 percentage points).
Statistics SA said there was a decrease of 3.7% recorded between
June 2009 and June 2010 for the total number of civil judgments
recorded for debt.
However, the total number of civil judgments recorded for debt for
the second quarter of 2010 increased by 4.9% compared with
the second quarter of 2009.
Civil judgments for promissory notes and other acknowledgements of
debt (contributing 6.4 percentage points), money lent (contributing
1.2 percentage points) and rent (contributing 0.7 of a
percentage point) were the drivers behind the 4.9% increase.
According to Statistics SA there was a decrease of 12.3% between
June 2009 and June 2010 in the total value of civil judgments
recorded for debt.
There was also a decrease of 9.2% in the total value of civil
judgments recorded for debt for the second quarter of 2010 compared
with the second quarter of 2009.
The major contributors to the 9.2% decrease were the money
lent category (contributing -6.9 percentage points), the goods
sold category (contributing -1.5 percentage points), the other
debts category (contributing -0.9 of a percentage point) and the
promissory notes and other acknowledgements of debt category (contributing
-0.6 of a percentage point).
During June 2010, 62 013 civil judgments for debt amounting to R578.7m were recorded.
The largest contributors to the R578.7m were money lent (R207.6m); goods sold (R88.3m);
services (R88m); and other debts (R86.3m).