Discussion | Debt levels hit new high in 2025

CAPE TOWN - Rising living costs in South Africa are pushing more and more people into debt, even amidst improving consumer confidence and new retirement rules.

WATCH: SA's economic crisis | Low-income employees buckle under rising cost of living

A new report reveals a record 91% of those seeking financial relief are using personal loans, and an increasing number of people are dipping into retirement savings to cover everyday expenses.

The executive head of Debt Busters, Benay Sager discussed this with eNCA.

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