Festive season – East Coast Radio
Christmas shopping
SOUTH AFRICA’S higher and middle-income consumers plan to spend 34 percent more this Christmas than they did last year, according to a new survey But the Acentric Christmas Shopping Intentions Survey 2014 found most of the buying will be for food, clothing and alcohol. “We can expect most of the spend to come from younger […]
Kyk die reddings-kat goed uit die saRe-boom
Daar is ongelukkig baie onder- nemings wat sakeredding ondergaan of nodig het. Vol- gens Standard Bank sal 70% van nuwe ondernemings misluk. Die helfte daarvan sal in die eerste drie jaar van die onderneming se bestaan gebeur. Terwyl ‘n aantal faktore tot ‘n onder¬neming se ondergang kan bydra, is die slegste ding wat ‘n sake-eienaar […]
Business failure: To rescue or not to rescue?
Unfortunately, there are many businesses today which are undergoing, or are in need of, business rescue. According to Standard Bank, “70% of new businesses will fail. Fifty percent of these will be in the first three years”. While a number of factors can be attributed to a business’s downfall, the worst thing a business owner […]
Consumers urged to avoid festive season debt
This follows a report released by Trans Union this week which shows that millions of South Africans are increasingly struggling with debt. Debt Rescue’s Aneline van der Poel says over half of the current credit active population are considered to be in arrears with their accounts or over-indebted. de Poel says this is higher in […]
Fuel price drop brings relief
There is a sigh of relief among motorists as the price of petrol drops by 45 cents a litre with effect from Wednesday. Diesel is down by 60 cents a litre, while illuminating paraffin by 55 cents. The Energy Department says the rand has been strengthening while international oil prices have dropped substantially this month. […]
45c Fuel price drop a relief, but rand still under pressure
The good news shortly before Christmas is that from Wednesday this week (5 Nov), consumers pay 45c less for petrol per litre and between 60c and 61c less for diesel, bringing deeply indebted consumers some relief, but Debt Rescue chief executive officer Neil Roets warns against running up debt. “What we hope for is that […]