South Africans earning more than R20,000 a month are reaching record levels, but households are now spending two-thirds of their income paying off debt.
Middle-class South Africans are struggling since the majority of their wealth is tied up in their physical property and retirement savings.
Although now seems like the perfect time to panic, now is NOT the time to panic.
Your Audi Q8 just became a weekend car.
If you’re bringing in a bar here in South Africa, you’re laughing all the way to the bank. In certain US cities, though, it’s a different story.