South Africa: Focus On Africa - Debt-Ridden South Africans Go for More to Buy Food

South Africans sink into debt as thousands contract more loans to feed themselves.

These disturbing revelations are contained in a new study by Statistics South Africa. According to this official economic data agency, the gross consumer debt of individual has soured to R1.73 trillion (108 billion euros), with the average debt per person estimated at R70, 000 (4300 euros).

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