What does it mean for the ordinary person?
Interest rates could increase. This means you will pay more to borrow money – whether it is a home or car loan, or money you borrowed from a loan shark
Depending where you money is invested, your savings and investments could be
worth less. So will your pension
Your earnings will have less buying
power owing to the depreciation of the rand and the resulting higher inflation
You may need more government support (grants, low fee schools, public hospitals), but there will be less money available for government to spend