SABC News | SA’s working population under financial strain as monthly expenses rise: DebtBusters

South Africa’s working population is under financial pressure due to a rise in monthly expenses compounded by a weak economy, rising inflation and interest rates. This is according to a Cape Town-based debt Review Company.

Their research shows that while food inflation and transport costs continue to rise, wages remain flat, forcing consumers to take on a lot more unsecured debt. Experts say the financial pressure workers suffer is taking a toll on their overall mental wellbeing.

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