As pressure mounts on South African households, all eyes are on the South African Reserve Bank’s
Monetary Policy Committee meeting this week, with growing calls for the repo rate to remain unchanged.
COSATU says workers are already buckling under the rising cost of living, from soaring fuel prices linked to
instability in the Persian Gulf, to higher transport costs and above-inflation electricity tariff hikes. With many
workers drowning in debt, borrowing just to afford basic necessities, and often supporting up to seven
relatives on a single income, the question remains: can South Africans withstand another interest rate
increase?

As pressure mounts on South African households, all eyes are on the South African Reserve Bank&rsquo;s Monetary Policy Committee meeting this week, with growing calls for the repo rate to remain unchanged. COSATU says workers are already buckling under the rising cost of living, from soaring fuel prices linked to instability in the Persian Gulf, to higher transport costs and above-inflation electricity tariff hikes. With many workers drowning in debt, borrowing just to afford basic necessities, and often supporting up to seven relatives on a single income, the question remains: can South Africans withstand another interest rate increase?

At POWER 98.7 we invite you to join the conversation on every platform. Browse this selection of podcasts. Now we're talking.

At POWER 98.7 we invite you to join the conversation on every platform. Browse this selection of podcasts. Now we're talking.

The best of POWER Zone

After the day’s heavy conversations, POWER Zone tapers down the momentum with long format, reflective and insightful conversations. The show allows for those retiring for the day to take time to reflect on the day’s experiences. Those whose day begins at this time will enjoy the calm pace and amazing insights from the POWER listeners. The discussions, curated by guest hosts, are nuanced and explore a myriad of matters affecting the country, continent and the diaspora with customised themes on Africa, the youth, societal issues and the arts.

After the day&rsquo;s heavy conversations, POWER Zone tapers down the momentum with long format, reflective and insightful conversations. The show allows for those retiring for the day to take time to reflect on the day&rsquo;s experiences. Those whose day begins at this time will enjoy the calm pace and amazing insights from the POWER listeners. The discussions, curated by guest hosts, are nuanced and explore a myriad of matters affecting the country, continent and the diaspora with customised themes on Africa, the youth, societal issues and the arts.