SA household finances are strained, and vehicle loan books show early signs of stress | Business

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After multiple shocks last year, South African households are showing signs of financial distress. They've had to cope with a surge in food and fuel prices triggered by Russia's invasion of Ukraine. | News24_Business

South African consumers navigated a rapid rise in living costs and swelling cost of credit in 2022. Early signs show a rising risk of credit defaults in 2023.

After multiple shocks last year, South African households are showing signs of financial distress.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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_Business Are your 'news pieces' written exclusively by George Soros & Co now? The stench of interference and corruption is palpable

_Business

_Business Russia Ukraine BullSht blah blah blah.We all suffer financial distress because of anc inflation, get rid of the anc, bring the R/$ down to R6, and reduce the cost of living by at least 60%

_Business Waiting for the ANC to pick the rand up.

_Business i will always be thankful to God for giving me a reliable source no more lost,. through Brandonkaren11 Bitcoin mining investment platform

_Business Heading for the agonies of a third world country?

_Business Fuel prices were shooting up way before people even knew where Ukraine was on the world map!

_Business It's been like this even before the Russia Military Operation.

_Business No, it was triggered by government's response to covid (lockdowns).

_Business Now do a follow up story on the farm murders in South Africa. whornalists propaganda24 presstitutes

_Business MSMIsTrash 😂😂😂

_Business Hahaha, ok News24. What ever the f**k. We all know the real reason.

_Business Poor governance and the disgusting greed of the food and manufacturing cartels. Somehow they always escape this narrative. Our economy is highly monopolized on every level that affects our hard earned money.

_Business Lockdowns took away many people's livelihoods.

_Business Triggered by anc. That’s all

_Business And despicable CyrilRamaphosa regime is supporting Putin by allowing cargo vessels to upload cargo at a naval base. Despicable!

_Business Gutter media at it's best as usual! They've had to cope with 28 years of the lying stealing corrupt incompetent crime against humanity and all Life ANC government!!

_Business Triggered by handing out money during waste of time lockdowns! Fuel was going up loooong before russia invaded ukraine. This is just a useful excuse for useless politicians

_Business The conflict between Russia & Ukraine is fought on a different front and countries would look for alternative supply of grain, as their are other grain producing nations. Spike in food & fuel prices is as a result of greed by multinationals

_Business So Why does US federal reserve increases interests rates which South African Reseve Bank follows? US federal reserve is the one causing all this abnormal increases of global prices of fuel and food now they put blame on poor Russia

_Business Putin has s secret army of supermarket packers marking up our prices 🤣

_Business Your narrative as a media that says a surge in food & fuel prices are as results of 'the so called war' are misleading & total misinformation. It's about time media in SA is held accountable for reporting misleading news

_Business I think poor governance more than Russian invasion was the cause.

_Business Stop lying Russia invading Ukraine has no impact on our food prices . News24 is a evil channel we know it we don't take you serious

_Business NOTHING to do with Russia. How dumb do you media think we are? We see the incompetence and degradation daily with our own eyes. We see the filth the population leaves behind them. We see the inability to manage even the smallest of things and we see the never ending deflection.

_Business Research WEF Agenda2030. Is planned and inline with the New World Order. Wake up people.

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