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Debtfree Magazine Issue 3 of 2022

Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,

Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,

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OIL PRICE STARTS

TO EASE

China’s biggest economic hub, Shanghai going into

lockdown has helped ease the international oil price.

Additionally the first signs of a possible easing of conflict

between Russia and Ukraine has also given traders hope for

a resolution to the war, as Russia seems to be shifting focus

to consolidating gains in the eastern half of the country.

REPO RATE HIKE

COMES EARLY

Rising oil and food costs have contributed to higher than

expected inflation rates. In response, the SARB Monetary

Policy Committee made the decision to increase the Repo

Rate to 4.25% per annum. The increase comes a month

earlier than expected. The prime lending rate now sits at

7.75%.

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