Kaya 959 Inside Your Pocket

How the Rate Hike Hits Your Wallet

Loading player...
With the repo rate now at 7% and prime at 10.5%, South Africans are bracing for higher repayments on home loans, car finance, credit cards and store accounts. NDCA Chairperson René Moonsamy explains how the rate hike filters into monthly budgets, why arrears are rising, and which income groups are under the most pressure. A practical, plain‑language guide to navigating a higher‑for‑longer interest‑rate environment.
29 May English South Africa Business

Other recent episodes

Are Stokvels the Key to SA’s Savings Turnaround?

With over 119,000 groups and 358,000 members on FNB’s digital platform, stokvels remain one of SA’s strongest savings engines. Gugu Zikhali, Head of Stokvels at FNB, explains the behavioural power of collective saving and why stokvels outperform individual discipline.
30 Jul 13 min

Stretching Your Rand as Inflation & Rates Rise

With inflation rising, borrowing costs increasing and real salaries under pressure, Sisandile Nkatu, Head of Deposits at Nedbank, shares practical, adaptive ways for consumers to stretch their rand. From micro‑habits to smarter spending, emergency buffers and behaviour‑based savings strategies, this conversation helps South Africans navigate a tough financial landscape with…
23 Jul 16 min

2026 FNB Retirement insights Survey

Retirement Insights: Samukelo Zwane unpacked the findings of the FNB Retirement Insights Survey 2026, highlighting the challenges South Africans face in turning retirement planning into long-term financial security.
16 Jul 16 min

The New Savings Divide

South Africa’s savings landscape is under strain, with household savings below 1% and rising debt‑to‑income ratios. Nedbank’s Sisandile Nkatu breaks down the behavioural barriers holding South Africans back — from balance‑checking anxiety to frequent withdrawals — and explains why consistency matters more than income. A data‑driven look at how different…
2 Jul 15 min
All episodes