Repo rate hike to erode SA consumers’ disposable income: Credit reporting agency

Posted on March 31, 2023 by Augustus Consulting

Nokukhanya Mntambo, Eyewitness News, 31 March 2023

Credit reporting agency TransUnion said that the latest repo rate announcement was a blow to already cash-strapped South African consumers. Read More

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Interest rates hike to affect consumers’ credit access

Posted on March 31, 2023 by Augustus Consulting

Naledi Ngcobo, SABC News, 31 March 2023

The South African Reserve Bank’s (SARB) Monetary Policy Committee’s (MPC) decision to raise interest rates will affect the way consumers and businesses can access credit and plan their finances. Read More

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SARB expected to increase repo rate

Posted on March 30, 2023 by Augustus Consulting

Risha Maduray, SABC News, 30 March 2023

Economists are expecting the South African Reserve Bank (SARB) to increase interest rates by 25 basis points at its Monetary Policy Committee meeting on Thursday. Read More

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Joburg water woes: ‘imminent risk’ of global crisis warning hits close to home

Posted on March 29, 2023 by Augustus Consulting

Veronica Mokhoali, Eyewitness News, 29 March 2023

Government said that while urbanisation, ageing infrastructure, and climate change were impacting the country’s water supply, universal water provision was still a major problem. Read More

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Food retailers pricing being scrutinised

Posted on March 29, 2023 by Augustus Consulting

Risha Maduray, SABC News, 29 March 2023

The Competition Commission has warned that food retailers will face prosecution at the Competition Tribunal, should it find that pricing laws were breeched. Read More

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SA consumers surviving on credit in cost-of-living crisis

Posted on March 28, 2023 by Augustus Consulting

Ina Opperman, The Citizen, 28 March 2023

Another report has confirmed that South African consumers are living on credit to survive the cost-of-living crisis. Read More

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