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Big turn for South Africans earning over R20,000 per month | SA News

Luke Fraser
 ·26 Jun 2025

Consumer confidence remains downbeat in South Africa, but households earning more than R20,000 per month are far more optimistic than at the start of the year.

This is largely thanks to an improvement in households finances due to two-pot withdrawals in the new financial year, as well as lower inflation because of fuel price cuts.

The first quarter of the year saw most South Africans beaten down by talk of a two percentage point VAT hike, stage 6 load shedding, and deteriorating relations with the United States.

These factors…

The Battle of Isandlwana: A significant battle during the Anglo-Zulu War, where
Zulu forces defeated British troops in 1879.

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