Zuko Komisa

Payday is no longer a moment of relief but a fleeting transit point where money arrives only to vanish into a mountain of debt.
Despite recent interest rate cuts intended to provide breathing room, the reality on the ground remains grim.
Drive 959 spoke to Financial Planning expert Gerald Mwandiambira who warned that high-interest personal and payday loans have shifted from being emergency tools to becoming a permanent, essential supplement to monthly salaries.
The human cost of this cycle is heavy.
Families are increasingly finding that by the time they have serviced their loans, they are left with less than a third of their earnings to cover food, rent, and transport.
Mwandiambira notes that even high-income earners are not immune, with many spending record portions of their salaries on unsecured debt.
Listen to the full conversation here:
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