More financial pain expected for consumers as cost of living increases

By Yogashen Pillay DURBAN – DEBT Rescue SA and economists warn the latest interest rate hike by the South African Reserve Bank (Sarb) will put more strain on the already struggling South African consumer. Last week, Sarb governor Lesetja Kganyago announced the repo rate would be increased by 50 basis points to 4.75%. Neil Roets, […]