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Maroc Maroc - CAPETOWNETC.COM - A La Une - 22/Aug 18:00

Salary erosion since 2016 leaves South Africans struggling

Despite modest salary increases of just 2% to 13% over recent years, South Africans are struggling as inflation has surged by 46% since 2016, significantly diminishing their purchasing power, Also read: See where South Africans are flocking for retirement According to DebtBuster’s latest Debt Index for Q2 2024, there has been a notable rise in consumer demand for debt management...

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