Intro: A Business Tech article last week reported, “Credit check data from PayProp reveals that South African renters earning under R40,000 per month are still under significant financial strain, spending over 50% of their income on debt. The 475 basis point hikes in South Africa’s interest rates have driven consumer debt levels to unsustainable heights.” For context, Stats SA reported the average monthly earnings in November, 2023, to be R26,894. As the famous South African proverb says, “Kuningi, and it’s getting kuningier.”