Medical scheme placed under statutory management as reserves plummet

The deterioration in Sizwe Hosmed’s reserves is attributed to ‘benefit under-pricing and historically unreliable budgetary and forecasting processes’.

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Debt levels and Covid-19 – Is the worst yet to come?

DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]

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Debt levels and Covid-19 – Is the worst yet to come?

DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]

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