Five months into the Covid-19 pandemic, financial distress remains a concern among South Africans with as many as 61% reporting a loss of income.
Image:Five months into the Covid-19 pandemic, financial distress remains a concern among South Africans, with as many as 61% reporting a loss of income.
The survey also found that many people were not as worried about contracting the virus than when it broke out in SA in March. In terms of emotional distress, 50% of South Africans were identified as concerned about underlying health conditions. “The survey found 45% of loans taken are below R1,000. Only 12% are more than R3,000. Around 40% of citizens loaning money are not confident about repaying the loans,” Rademeyer said.The level of food reserves in their homes is a concern for 54% of respondents.It was found that 69% of respondents believe corruption levels have surged, and 76% believe the political outcry is all talk but no action.
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