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South Africa sees a decline in home loan approvals

Thembi Simelane
Matsediso Primary School 
South Africa’s Minister of Electricity and Energy Kgosientsho Ramokgopa. AFP/Rodger Bosch
 
 
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PRETORIA – South Africans are struggling to afford shelter says Human Settlements Minister, Mmamoloko Kubayi. 
READ: Cost of living crisis | Opening the door to home loan hacks
Briefing the media on Monday, Kubayi expressed concern over the decline in home loan approvals stating that financing is fast becoming difficult to access for South Africans.

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