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

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

How South Africans Are Buying Luxury Now

South Africans haven’t abandoned luxury they’ve simply become smarter about how they access it. Greg Grenfield, founder of We Buy Brands, explains the explosive rise of the pre‑loved luxury market, why authenticated resale is booming, and how consumers are treating handbags, watches and jewellery as “wearable assets.”
25 Jun 10 min
All episodes