Chief economist at Old Mutual, Rian le Roux, has warned that a tight budget in February next year will take money out of consumers pockets.
Le Roux said interest rates may be down next year but not by much.
Local politics, like a Nenegate, will impact the rand negatively. A similar incident will weaken the rand again.
— Rian le Roux, Old Mutual economist
More South Africans turn to debt counselling as economic fallout hits home
Neil Roets Explains ‘Debt Holiday’ & What It Means For Consumers
Panel of experts answer debt-related questions during COVID-19 lockdown
Consumers Not Paying Debts Could Prove To Be Disastrous
Neil Roets Explains Effect of Oil Price Decrease on SA Consumers
We look forward to the opportunity to get you debt-free!
