Outlook for SA consumers dire, debt experts warn

The year 2016 holds a dire outlook for consumers, debt experts warn. Referring to building cost pressures on severely strained consumers, DebtSafe MD Wikus Olivier told Fin24 their only means of survival will be to adopt and cultivate a simpler lifestyle. Over and above the usual factors that impact consumers’ pockets, such as the fuel […]

Maxed out: SA’s debt headache

JOHANNESBURG – South Africans are headed into the new year with a debt hangover that’s going to pound their heads far worse than any babbalas headache. And it’s not going to get better. Experts are warning that 2016 will be extremely tough on the pocket and that consumer debt is in a state of crisis. […]

Drop in diesel price won’t effect food price

While the substantial drop in the price of diesel announced on Thursday is welcome news for consumers‚ it won’t offset the increase in food prices caused by the drought‚ economists caution. They say that while the 78 cents a litre decrease in the diesel price will bring some relief to battered consumers who depend on […]

Diesel set to drop the most on Wednesday

The price of most fuels is set to fall on Wednesday, due to the drop in the international prices of petroleum products overweighing the weakening of the rand against the US dollar. The wholesale price of diesel, 0.05 percent sulphur and 0.005 percent sulphur, would decrease by 76 cents a litre and 78c a litre, […]