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Mail & Guardian | South Africa's middle class endures rising cost of living

3 June 2022

Benay Sager, Head of DebtBusters, agreed, noting that although inflation tends to hit lower earners first, "it hits everyone eventually". Higherincome earners, Sager said, bear the brunt of higher interest rates, implemented in an effort to pull back inflation.

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Mail & Guardian | South Africa's middle class endures rising cost of living

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