South Africa’s Debt Burden: Strategies for Individuals and the Nation to Achieve Financial Freedom
Understanding South Africa’s Current Debt Landscape As of 2023, South Africa’s national debt has reached alarming levels, standing at over R4 trillion, which is approximately 63% of the country’s Gross Domestic Product (GDP). The rapid increase in public debt can be attributed to several key factors, including economic mismanagement, rising public expenditure, and the impact … Read more