Anele and the Club on 947

The money Minute with Arabile Gumede - South Africans are spending 75% of their take-home pay on debt

Debt to disposable income for South African households has increased from less than 60% before 1994 to the current level of around 75%, which is higher than the long-term average of 70% according to the South African Reserve Bank (SARB)


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