Ramaphosa has signed the National Credit Amendment Bill into law

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It allows for heavily indebted consumers to have unsecured debt of up to R50 000 written off. Courtesy #DStv403

Comments

RagNar GartNar says:

Pumping more debt into the economy to devalue the rand

Bongani Lukhele says:

So if you're unemployed, you don't qualify ?

CS DR says:

White people are not going to like this one..

Bheki Bhengu says:

This is a great move as it will help poor people out of these fucking banks that drown poor people,how you borrow money and pay double,that nonsense,and it benefits bank owners,as even bank workers sink in depts aswell

Godfrey G says:

Yoh people will be in deep crieses of under debt more and more my God

Jack Raincloud says:

"The banking industry and DA oppose it", I wonder why?! Both run and controlled by white people!

Leon Kotze says:

Will these idiots stop destroying our country.

Shashika Naidoo says:

more debt… more losses… and a stifling economy….

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