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Understanding the Budget’s Impact on South Africans

Understanding the Budget’s Impact on South Africans

admin by admin
October 31, 2024
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Annaline van der Poel, COO of Debt Rescue, discusses the truth many shoppers face: rising rates of interest, sluggish financial progress, and restricted reduction on the horizon, throughout an interview on 702. 

Greylisting is a Problem for Financial Progress

She explains that whereas the federal government has tackled many points associated to South Africa’s greylisting, a number of unresolved areas may delay progress for an additional 12 months. This extended standing means greater borrowing prices and a drain on taxpayer funds, taking sources away from important providers like roads, colleges, and healthcare, all whereas shoppers bear the impression of those high-level monetary selections.

Take heed to the interview

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