Early Breakfast with Africa MelaneEarly Breakfast with Africa Melane

Finance: Nearly 60% of rejected young borrowers forced into mashonisas

View descriptionShare
 

Nearly 60% of young South Africans rejected by banks are turning to mashonisas as unemployment, rising costs, and student debt push survival borrowing into dangerous territory. Jacob Moshokoa speaks to Samantha Moyana, Debt Counsellor at National Debt Advisors, about how financial exclusion is driving a generation into informal lending and why this is being seen as a system failure rather than personal financial irresponsibility.

 
  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 2 playlist(s)

Early Breakfast with Africa Melane

Your early morning catch-up with chat, traffic and news delivered in a relaxed manner. weekdays from 
Social links
Follow podcast
Recent clips
Browse 8,639 clip(s)