Global tensions hit luxury stocks & Why South Africans earning R50K still struggle to make ends meet

About this episode

The episode discusses the impact of global tensions on luxury stocks and the financial struggles of South Africans earning R50K.

Motheo Khoaripe speaks to Michael Zahariev, co-founder of Luxity talks about how escalating geopolitical tensions particularly in the Middle East are beginning to ripple through global luxury markets, with investor sentiment weakening and high-end brands facing renewed pressure. In other interviews, Samantha Moyana, Debt Counsellor at National Debt Advisors, about the growing financial strain facing South Africa’s middle class, where earning up to R50,000 a month no longer guarantees stability. As rising fuel, food and living costs outpace income growth, many households are turning to credit just to maintain a basic standard of living. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.     Thank you for listening to a podcast from The Money Show     Listen live…

People in this episode

Host: Stephen Grootes

Guests: Motheo Khoaripe, Michael Zahariev, Samantha Moyana

Topics covered

• luxury stocks
• geopolitical tensions
• financial strain
• South Africa
• middle class
• cost of living

Keywords

• luxury markets
• geopolitical tensions
• financial stability
• South Africa
• middle class
• cost of living
• debt counselling

Mentioned in this episode

Organizations: Luxity, National Debt Advisors

Places: South Africa, Middle East

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