Tag: HouseholdDebt
Xenophobia, migration and money – is economic pain the real driver?
South Africa’s migration anger may be less about borders than personal debt, rising costs and a shared household finance crisis. Every Africa Month, South Africa marks the African Union’s 63-year-old dream of shared sovereignty, shared prosperity and a borderless continent built together. Africa Day fell on 25 May. The flags went up. The speeches were made.
Households earning under R25,000 trapped in payday loan cycle
As South Africa enters a new year, many people still feel the financial aftershocks of the December holidays. Pressures from the final quarter of the previous year continue to linger. For countless families, festive cheer has faded quickly. In its place, a harsh reality has emerged.
