South African households still saving too little for retirement

According to a recent study by Debt Rescue, nearly half of consumers would experience severe financial pressure and struggle to manage if the Bank were to raise interest rates further after the 25-basis point increase in May.

South Africa’s fragile economic growth at risk – and households are feeling the squeeze

The latest FNB/BER Consumer Confidence Index fell sharply from –7 in the first quarter to –19 in the second quarter, its weakest level since early 2025, with the Bureau for Economic Research attributing much of the deterioration to higher fuel costs and growing pressure on disposable incomes. A Debt Rescue consumer survey paints a similar […]