SA’s shrinking middle class & ITAC’s steel tariff dilemma

Aug 20, 2025

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Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib Asset Management and Jacolize Meiring, Senior Researcher & Head of the Personal Finance Research Division at The Bureau of Market Research about the severe strain on South Africa's middle class, citing signs such as shifting consumer behavior, rising debt levels, and stagnant income growth.

In other interviews, Ayabonga Cawe, Itac chief commissioner, chats about the surge in caseload for South Africa's International Trade Administration Commission due to the US tariffs and global overcapacity issues, particularly in steel production, which could impact exporting companies and jobs.

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.

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