10 ways you are throwing your money away
Since the beginning of the year, price increases have dealt consumer wallets blow after blow after blow. It has become blatantly clear that consumers have to learn to make the most of every rand they earn, and they need to do it quickly. One of the easiest ways in which to do this is stop […]
Price hikes major blow to battered consumers
Cape Town – In addition to an expected big increase in the price of red meat, consumers should also brace themselves for an 18 cents a litre hike in the price of petrol – which in turn will have a knock-on effect on the prices of all other commodities, warned Neil Roets, CEO of debt […]
Mall of Africa opens despite economic outlook
JOHANNESBURG – Thousands of shoppers queued on Thursday at the opening of one of the largest malls in South Africa, set in middle-class suburbia between Johannesburg and Pretoria. The Mall of Africa will house over 300 shops, including global brands such as Inditex’s Zara, Hennes & Mauritz (H&M), Cotton On and Starbucks. They want to […]
Drought and volatile rand raise food prices
JOHANNESBURG – South Africans will need to start tightening up their pockets in the next few months with food and fuel prices expected to go up. The drought and the volatility of the rand have been blamed for their negative impact on imports. “The prolonged drought is the major factor but there are also other […]
Maer jare wag
Rooivleis qaan tot 60% duurder word – ekonoom DIE dae van elke week ‘n vleisie op die vuur gooi, is waarskynlik verby. Terselfdertyd vaar Kaapstad se ekonomie baie goed. Die ekonoom Dawie Roodt waarsku dat Suid-Afrikaners hulle sal moet voorberei vir ‘n baie groot styging in die prys van rooivleis. Volgens hom gaan die prys […]
Neil Roets Warns Consumers of Hike in Price of Red Meat and Petrol
New mall sparks record shopping frenzy
THOUSANDS of shoppers queued this week at the opening of one of the largest malls in South Africa, set in middle-class suburbia between Johannesburg and Pretoria. The Mall of Africa will house more than 300 shops, including global brands such as Inditex’s Zara, Hennes & Mauritz (H&M), Cotton On and Starbucks. They want to attract […]
Major food and petrol price hike expected
Major hike in food prices and petrol prices are expected and South African consumers have been warned to budget strictly. According to EWN, Economists are predicting at least a 50 percent hike on the price of red meat because of the drought and an 18 cents increase for a litre of petrol. Debt Rescue CEO […]
Brace yourself for another petrol price increase
Consumers are feeling the pinch Motorists should brace themselves for an 18 cents a litre hike in the price of petrol next month. Petrol has increased by over R1 a litre in the last two months and CEO of Debt Rescue, Neil Roets, says this will have a knock-on effect on the prices of all […]
Consumers could be paying more for fuel, food
Consumers could be digging deeper into their pockets soon with fuel and food prices expected to increase even further. Some analysts are predicting a petrol price hike of around 18 cents a litre next month while the price of red meat could spike by between 50% and 60%. Debt Rescue’s Neil Roets says consumers find […]