Survey reveals South Africans are turning to mashonisas for survival
The Citizen | 02.09.2026 20:37
As South Africa’s cost-of-living crisis deepens, rising reliance on credit is driving some people to borrow from informal lenders, commonly known as mashonisas or loan sharks, to get through the month. This was revealed in short-term lender Wonga’s annual credit utilisation survey.
