During these tough economic there is still one saving grace: the low-interest rate
By IOL Reporter | Published Aug 16, 2021
South Africans are in for a tough couple of years as they contend not only with a global pandemic, economic weakness and social unrest, but a rising cost of living that is spiralling out of control for many families. The only real saving grace is the low-interest rate. Property rates and taxes have increased, as have fuel and utility tariffs, outweighing most salary increases – for those who have been fortunate to receive them.
