News in South Africa 6th February: 1. Consumer relief on the horizon: Battered by low wage growth, high interest rates, and increasing debt levels, many South African consumers are in the worst financial shape they’ve been in for years, maybe even decades. The result is a persistently weak economy. This faltering economy, driven mostly by […]
News in South Africa 22nd January: 1. High interest rates crushing households: Economist and independent analyst Dr Roelof Botha said the South African Reserve Bank’s (SARB) high interest rates have created a “self-inflicted pandemic” in the country as households struggle to get by. Botha’s comments were made in light of the Altron FinTech Household Resilience Index for […]
News in South Africa 3rd May: 1. South Africa closer to a failed state: South Africa is coming closer to being a failed state, with national and local governments unable to provide many basic services outlined in the Constitution. This is the view of Lumkile Mondi, a senior lecturer at the School of Economics and […]
