Fuel price could drop by 60c a litre
Debt counselling to manage arrears
THE finance minister’s announcement that the fuel levy will be raised by 30c per litre to R2.85 per litre for petrol and R2.70 per litre for diesel, effective from April 6, will impact motorists and the economy. That’s because most goods in South Africa are moved by road. Neil Roets, the CEO of one of […]
Petrol and diesel are expected to go down
A FUEL price drop is expected next week. Motorists and logistics companies are to have some relief as the petrol price is expected to drop by an estimated 60c and the drop in the price of diesel is to be between 6c and 10c a litre. Neil Roets, Debt Rescue chief executive, said had finance […]
Quick-fix highs help cushion lows
Tax burdens — even for the rich — may have eased, but inflation will step in to spoil the party Thalia Holmes his year’s budget won’t cripple you. But it probably won’t help you run faster either. From a consumer perspective, it’s laced with sugar-filled energy drinks: designed to give you an instant boost, but […]
Crack down on loan sharks
IT was high time the National Credit Regulator (NCR) acted against reckless credit providers because of the role these financial institutions played in the over indebtedness of consumers. CEO of one of the largest debt management companies in the country Neil Roets said he was delighted that providers who promoted over indebtedness were brought to […]
Ons maak dit maklik – só raak die begrotingsrede jou bankbalans
’n Blikkie Coke sal jou in volgende jaar ’n bietjie meer kos weens die instelling van ’n belasting op versoete drankies wat die minister van finansies, Pravin Gordhan, bekendgemaak het. Die minister het gister sy begrotingsrede in die parlement gelewer en soos gewoonlik gaan sondebelasting ook op. Dit beteken die prys van alkoholiese drankies en […]
Budget 2016: Stark reminder consumers must do more with less
Cape Town – Despite announcing personal income tax relief of R5.5bn for lower- and middle-income earners, the National Budget speech was a stark reminder that consumers need to get used to doing more with less, according to Ester Ochse, channel head at FNB Financial Advisory. Ochse said financial discipline is crucial because consumers still have […]
Reaction is pointing to a balanced Budget
Government revenues will, however, continue to remain vulnerable to a further deterioration in economic conditions IN ADDRESSING the persistent budget deficits, as expected, a combination of increased taxes and cost containment has been proposed, with forecasts of a reduction in the budget deficit to 2.4 percent in 2019. With respect to increased revenue, the implications […]
Relief for motorists
No need to bathe in the euphoria though as it will be short-lived once fuel levy kicks in BERNARD SATHEKGE THERE’S huge relief for motorists as the fuel price at the pumps will drop significantly next month by almost 70c/l, but the benefits will be short lived as the fuel levy of 30c/l kicks-in on […]
Minister highlights consumer protection issues
Johannesburg – Minister of Trade and Industry, Dr Rob Davies, has called on the National Consumer Protection Regulators to join hands in addressing consumers’ concerns. Davies addressed delegates at the Consumer Protection Conference on Tuesday, hosted by the National Consumer Tribunal in partnership with the National Consumer Commission and the National Credit Regulator, in Sandton. […]