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. 
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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.