DStv Channel 403 Tuesday, 05 November 2024

Debt cleans out domestic workers’ accounts

JOHANNESBURG - Most domestic workers are caught up in spiralling debt.

They owe stores, friends and "mashonisas" more than they make in a month.

What makes it worse is that salaries are dropping as employers cut hours as they themselves struggle to cope.

READ: Domestic workers' earnings being swept away

Most earn just under R3,000 per month and are sole breadwinners.

However, senior economist Xhanti Payi says there is light at the end of the tunnel.

"We have to survive these next few quarters before we start to see interest rates coming down," he said.

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