Kaya 959 Kaya Biz

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

SA’s Draft AI Policy: The Cost of Getting It Wrong

Free SA spokesperson Gideon Joubert discusses the organization's concerns about South Africa’s Draft National AI Policy—including expanded bureaucracy, duplicated institutions, and barriers for startups.
21 Apr 4PM 5 min

Legal AI Time Bombs

Pinsent Masons’ Geoffrey Allsop explains why employers are already legally liable for AI‑driven decisions under South African law. We explore discrimination risks from foreign‑trained models and what the Draft AI Policy signals for workplace regulation.
21 Apr 4PM 9 min

Understanding SA’s Draft AI Policy

Werksmans’ Ahmore Burger‑Smidt unpacks South Africa’s Draft National AI Policy. This includes the proposed new AI institutions, privacy blind spots, and the implications for business.
21 Apr 4PM 21 min
All episodes