Financial stress has become a reality for many households in South Africa. Middle-class South Africans face a crisis of skyrocketing costs for essentials such as groceries, fuel, medicine, education, transport and electricity, while the merciless high interest rates mean that home and vehicle loans are drastically more expensive to service. The result is that more consumers are having to turn to credit to purchase essential goods and services, pushing many into deeper financial distress. In this evening session of Financial Matters, we talk about strategies to deal with debt stress, and we’re joined by Siphiwe Ramathibela, Head Secured Collections, Property Sales & Deal Restructures at Nedbank.