Why things are looking bleak for consumers

31 March 2015 at 08:06 by Jaca News – Debt Rescue CEO, Neil Roets has stated that the current combination of economic factors will have a negative impact on consumers. The increase in the price of electrictiy and fuel will hit the poorest of the poor hard as it will affect the prices of other […]

Petrol and power price jump

Fuel and electricity price increases may drive country into recession, according to economist, Dawie Roodt. The R1.62 a litre increase in the price of 95 octane fuel together with the 14.25% increase in electricity tariffs for municipal users could drive South Africa into a full-blown recession. Roodt said this was the largest fuel increase in […]

SA headed for recession?

The R1.62 a litre increase in the price of 95 octane fuel together with the 14.25% increase in electricity tariffs for municipal users could drive South Africa into a full-blown recession. Independent economist Dawie Roodt said this was the largest fuel increase in history and was going to hit consumers like a ton of bricks. […]