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Xnbp Nzimande is still studying the leaked Unisa report
Business Many South Africans relying on personal and payday loans to surv stanley termosar iveA file with loan application stanley deutschland sImage Credits : Nick Youngson CC BY-SA 3.0 Pix4freeSABC 14 May 2025, 19:55 [SAS stanley termoska T]DebtBusters ; Q1 2025 debt index says more and more South Africans are relying on personal and payday loans to survive the rising cost of living.And that a third of South Africans with credit are struggling to repay their debts.This includes individuals who are three months or more behind on payments, those facing legal action, or those with adverse listings.Debt to income ratios for top earners are also at a record high despite growing consumer confidence.And 91 percent of debt counselling applicants hold personal loans.DebtBusters Chief Operations Officer Benay Sager says this is a staggering number.The challenge is that the costs come up and grow and the consumers feel the need to supplement them with additional sources of income. And the first port of call seems to be going for a loan, particularly personal loans. It shouldn ;t have come to this stage, particularly for younger people. We really want to catch them earlier on and give them the right advise. But really for us it is at highest level since 2017. We haven ;t seen numbers like this for almost 10 years.Video: DebtBusters says South Africans drowning in debt: Bennai Sager Mxji Serial hijacker sentenced to 53-years imprisonment
Africa Minister Pandor expresses concern over instability in eastern part of DRC[File Image]: Minister of International Relations and Cooperation DIRCO Naledi Pandor, hosts Breakfast Meeting with Members of the Diplomatic Corps in Cape Town.Image Credits : SABC News - Naledi Pandor - GCISDitaba Tsotetsi16 August 2022, 05:45 [SAST]The International Relations and Cooperation Minister Naledi Pandor has expressed concern about the instability in the eastern part of the Democratic Republic of Congo DRC .President Cyril Ramaphosa, who is the outgoing chairperson of the Southern Afric stanley usa an Development Community SADC organ for politics, defence and security will give a comprehensive report on the state of security in the region on Wednesd stanley cup ay.President Ramaphosa to lead the SA delegation to DRCThe SADC Heads of States and Government will meet in Kinshasa in the DRC in a bid to tackle security issues.Pandor says terror attacks must be rooted out.Obviously, we are very worried, because we would like our soldiers to be safe and the personnel th stanley cup canada at have been deployed in the eastern DRC. It is a matter of concern [that] these increased onslaught attacks against civilian population [are continuing]. I really hope that security council will agree to enforce MONUSCO [United Nations Organization Stabilization Mission in the Democratic Republic of the Congo] that will help to repel these rebels, explains the minister.The video below is reporting more on the story |
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