A third of the South African middle class is to be wiped out: the lender

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A third of the South African middle class is to be wiped out: the lender A third of the South African middle class is to be wiped out: the lender

Financial services company Transaction Capital has released its results for the half year ended March 31, 2021. The group warns that the Covid-19 pandemic and the weaker economy have put a significant strain on medium-sized South Africans. Citing credit statistics, wage data and unemployment figures, the group said that overdue debt balances continue to grow, […]The post A third of the South..
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