INSIDE YOUR POCKET: Struggling To Cover Your Monthly Bond Repayments

Loading player...
Interest rates may have been muted for the majority of 2021, but 2022 has given rise to some of the biggest hikes of recent years. “The current interest rate of 9.75% is expected to increase by a further 25 basis points before the end of 2022,” comments Grant Smee, Managing Director of Only Realty Group and property entrepreneur. A 1.25% hike may seem insignificant to some wealthy homeowners, but for many South Africans the impact of this increase on home loan repayments has been especially challenging. “There is a delicate balance between affordability, income and interest rates; and quite often, small changes can make a big difference.”
3 Nov 2022 2PM English South Africa Business News · Investing

Other recent episodes

Premier Bakes H1’2026 Operating Profit Surge Of 52.5%

Premier FMCG reported a strong set of interim results, with earnings growth, expanding margins and early benefits emerging from its acquisition of RFG Holdings. CEO Kobus Gertenbach discusses integration progress, consumer spending trends, commodity price dynamics and how Premier plans to sustain growth as it scales into a larger and…
10 Nov 12PM 16 min

South Africa’s Construction Capacity Question

South Africa is betting heavily on infrastructure to drive economic growth, yet concerns remain about project delays, contractor failures, skills shortages and shrinking industry capacity. We speak to Tshidiso Lekgetho, Acting Registrar of the SACPCMP, about the real state of the construction sector, the importance of professionalisation and accountability, and…
10 Nov 11AM 18 min

Vodacom HY Heps Surges 25.7% on Safaricom’s Transformational Impact

Vodacom delivered one of its strongest sets of interim results in recent years, boosted by the consolidation of Safaricom, rapid growth in financial services and expanding digital revenues. CEO Shameel Joosub joins us to discuss the future of African fintech, the evolution of Vodacom beyond traditional telecoms, and whether the…
10 Nov 12PM 11 min

South Africa's R1.16 Trillion Logistics Problem

South Africa's logistics bill is projected to reach a record R1.16 trillion in 2026, equivalent to 14.6% of GDP and the highest logistics cost burden recorded in more than two decades. The latest State of Logistics 2026 for South Africa report paints a picture of a freight system under pressure…
9 Nov 1PM 13 min

Your Vote, Your Wealth: Why Politics Shapes Property Prices

For most South Africans, their home is their largest financial asset. So, what happens when poor governance starts eroding property values? Herschel Jawitz, CEO of Jawitz Properties, joins us to discuss the powerful relationship between local government performance, infrastructure, service delivery and household wealth.
9 Nov 12PM 19 min