It's unavoidable: global economic downturn will impact our cost of living in SA - Dawie Roodt | News24

26 Aug 2015

Director and Chief Economist of the Efficient Group Dawie Roodt cautions South Africans who believe the global intentional downturn will not affect their pocket. Everything from your savings to pay increases are set to be affected.

Roodt speaks to Jerusha Sukhdeo-Raath. Watch.

Meanwhile, Fin24 reported the rand’s slump to a record low against the dollar on Monday after a 15% depreciation this year may force interest rates higher and lead to food price increases.

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