Why your salary feels smaller: purchasing power plummets as debt levels soar
Even as inflation eases, high interest rates continue to erode incomes, forcing many South Africans to rely on loans to get by.
Discovery Health Medical Scheme’s contribution adjustments will be more evenly distributed across its members, highlighting the widespread effects of increasing medical inflation on contribution rates.
Even as inflation eases, high interest rates continue to erode incomes, forcing many South Africans to rely on loans to get by.
The Money Stress Tracker survey finds that consumers’ response to financial strain is long on intent but short on action.