DStv Channel 403 Friday, 11 October 2024

SA's economic trouble | South Africans left overdrawn and overwhelmed

JOHANNESBURG - There are concerns over the large number of people seeking debt counselling.

The National Credit Regulator says total outstanding credit reached R2.3-trillion at the end of 2023.

What's even more worrying is that many are in debt traps without proper reasons.

For more on this we are joined by Calvin Ndlovu, from Nedbank's Debt Counselling division.

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