Well, I think there are a number of pieces of research that are out there, telling us different figures for the levels of indebtedness and so on. The point about the research that is being conducted by the NCR is that we want an authoritative picture so that we can say, with certainty: This is the picture.
Let me say that the role of the NCR is in the area of consumer protection and enforcement of consumer rights. We are not responsible for prudential regulation and it is up to the prudential regulators to tell us whether there is a bubble there or not.
Clearly, within this expansion of unsecured lending that has been taking place in South Africa, there has been a proliferation of undesirable practices engaged in by small and large credit providers in the economy, and it is our mandate and responsibility as the Department of Trade and Industry, and as the NCR, to act strongly, without fear or favour, in that regard. That is our commitment.