RC 260923Cape TalkStephen Grootes
Wednesday, 23 September 2026
A repo-rate hike, mounting household debt and UNISA’s urgent fundraising drive dominated an episode focused on South Africa’s economic pressures and practical responses.
- 18:13
The Reserve Bank unanimously raised the repo rate by 25 basis points to 7.25%, with economists warning fuel costs could push inflation above 5% later this year.
- 18:20
TransUnion says a typical million-rand home loan will cost about R170 more monthly and a financed car R65 more after the hike, while non-bank loan delinquency exceeds 50%.
- 18:50
UNISA says more than 6,200 students are unable to graduate because of fees; the university owes roughly R2 billion, while a fundraising gala targets R10 million to help 2,000 students.
- 19:12
UNISA’s Convocation says student debt, including current debt, is about R4 billion, with contributions ranging from R2,000 to R4 billion and support also sought through internships and mentorship.
- 19:24
A consumer’s R160-a-month Clientele Perks subscription was cancelled and August and September payments refunded after complaints about delayed cancellation and inaccessible benefits.