SA's Economic Trouble | Banks concerned about surge in financial SOS calls

There are concerns over the large number of people seeking debt counselling. The National Credit Regulator says total outstanding credit reached 2-point-3 trillion rand at the end of 2023. What's even more worrying is that many are in debt traps without proper reasons. Calvin Ndlovu from Nedbank says there is a need for financial education. He spoke to my colleague Marcelle Gordon earlier. #enca #dstv403 For more news: https://www.enca.com/