Households in SA are R253 billion poorer in Q3 due to rising interest rates
By Zuko Komisa New research has revealed that households in SA are R253 billion poorer in Q3 due to rising interest rates. According to the most recent Momentum/Unisa South African Household Wealth Index for the third quarter of 2022, South African households are losing wealth. According to the study, households lost an estimated R253 billion in the third quarter of 2022, following a decline of R1.275 trillion in the second […]