Business reporters key to indebtedness story � Thamane

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CEDA chief executive officer, Thabo Thamane, says business reporters are crucial to uncovering the impact the household indebtedness crisis is having at grassroots level, as high-level efforts continue to rein back the crisis.

Speaking at CEDA’s workshop for business journalists last Wednesday, Thamane added his organisation’s voice to growing cross-sectoral concerns on the rising levels of household indebtedness.

“Government is concerned about the high level of indebtedness which accounts to 80 percent of loans from banks,” he said.

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