Mail & Guardian
Mail & Guardian
debtbusterlatest news & developments
The Reserve Bank has maintained the repo — at which it lends to commercial banks — steady at 8.25% for five consecutive meetings, since hiking it by 50 basis points in May 2023.
BENAY SAGER

EXPLAINER: Interest rates are on the up. What should you do?

Stay vigilant and really understand what higher interest rates mean for you, says one expert

  • Sarah Smit
4 min read
BALLOON PAYMENTS

Money mistakes cause vicious debt cycle

People earning up to R20 000 spend 60% of their salaries paying off arrears, a recent report reveals

  • Tshegofatso Mathe
6 min read