The national saving rate as a percentage of nominal GDP showed a 13% decline in the final quarter of last
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By Ina Opperman The 50 basis points increase was not unexpected, although many economists predicted an increase of only 25
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By Ina Opperman The latest credit stress report confirms that borrowing money to pay debts has become a lifeline for
By Yogashen Pillay South African consumers will have to tighten their belts yet again come April as economists have predicted
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Channel Africa talks to Annaline van der Poel about the situation that South Africans are currently faced with, debt.
The cost of living has gone up and South Africans are increasing debt just to survive.
