Wonga survey shows rising credit use amid cost-of-living squeeze

A new credit utilisation survey has shown a growing dependency as consumers buckle under the pressure of the higher cost of living. This is contained in payday lender Wonga’s survey, where 85% of the 12 000 respondents actively use credit. The drivers behind this borrowing paint a complex picture of vulnerability, resilience and untapped economic potential….

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SANParks re-opens Silvermine trails post devastating fire

SANParks staff worked tirelessly to rehabilitate the footpath in the Silvermine area. The Table Mountain National Park has re-opened several trails at its Silvermine facility near Tokai, following a devastating fire in April this year. The fire severely damaged trails, boardwalks, and dam sites, creating hazardous conditions due to exposed debris like nails and metal….

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Blitzboks take aim at Perth title

The Blitzboks in Dubai. 1 minute To be the best, you have to beat the best. That’s the attitude of the South African Sevens rugby team as it heads into the third leg of World Rugby’s Sevens series in Perth this weekend. After a dismal start to the series in Dubai in December, the Blitz…

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SA to use G20 Presidency to improve debt restructuring

National Treasury’s Director-General, Duncan Pieterse addresses the G20 finance and central bank deputies meeting on December 11, 2024. 1 minute South Africa says its G20 Presidency will seek new ways to improve debt restructuring and support countries with liquidity challenges. The G20 established the Common Framework for Debt Treatment in 2020, to assist poor indebted…

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