insert_link Business / Economics S.A Union Urges Reserve Bank for Bigger Repo Rate Cut South African Union federation Cosatu urges the South African Reserve Bank to implement a larger-than-expected repo rate cut to help ease the financial strain on workers. Following the decrease in inflation to 2.8-percent in October, the federation believes a more significant rate reduction, beyond the anticipated 25 basis points, is needed to alleviate the burden on over-indebted households. Cosatu’s Zanele Sabela says high interest rates have forced workers to […] todayNovember 21, 2024 19
insert_link Business / Economics How to detect and prevent financial strain By Bank Windhoek’s Executive Officer of Credit, Eddie King For many, credit is the go-to financial resource for financial management. Grasping its far-reaching implications and mastering prudent management is crucial for safeguarding long-term financial wellness. Recognising the early signs of financial strain and adopting strategies to prevent sliding into a debt trap is paramount for maintaining financial stability. Before you take up any form of credit, keep […] todayApril 9, 2024 6