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Seventy-five p.c of the common South African’s wage goes in direction of paying off debt.
That’s as a result of the excessive rates of interest from final yr, have taken a toll.
This week the Reserve Financial institution Governor introduced that the repo charge would stay the identical.
CEO of Debt Rescue, Neil Roets speaks to the eNCA about this.
Observe the hyperlink to look at the total article: https://www.enca.com/top-stories-videos/most-south-africans-working-pay-debts
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