S&P Ratings projects that South Africa's major banks will face a loss of R74 billion this year, due to unpaid loans.  Interest rates in South Africa have increased by 475 basis points since November 2021, substantially raising the cost of living in the country and cutting disposable income.

<p>S&amp;P Ratings projects that South Africa's major banks will face a loss of R74 billion this year, due to unpaid loans.  Interest rates in South Africa have increased by 475 basis points since November 2021, substantially raising the cost of living in the country and cutting disposable income.</p>

Join Pabi Moloi as she takes the South African story further with fresh and engaging conversations. POWER Lunch gives the listeners an overview of what is happening around the world. This is a powerful news and actuality programme with topics ranging from the serious to the hilarious. 

<p>Join Pabi Moloi as she takes the South African story further with fresh and engaging conversations. POWER Lunch gives the listeners an overview of what is happening around the world. This is a powerful news and actuality programme with topics ranging from the serious to the hilarious. </p>

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