More Than Half of SA Households Face Financial Crisis

Debt Rescue, Annaline van der Poel discusses a survey revealing that more than half of South Africans are at a financial breaking point. She explains how rising fuel and electricity costs are pushing up transport and food prices, forcing people to cut back on basic necessities with no short-term relief in sight.
Majority of South Africans at breaking point as living costs surge

More than half of South Africans are at a financial breaking point as the cost of living continues to climb, according to a new survey by Debt Rescue. More than half of South Africans are at a breaking point due to the rising cost of living. That is according to Debt Rescue’s latest consumer survey. […]