Debt expert warns about perils of Black Friday

Deeply indebted consumers should think long and hard before plunging them selves even deeper into debt by splurging on luxury goods on Black Friday. Neil Roets, CEO ofoneofSouthAfrica’slargest debt counselling companies, Debt Rescue, said often deals offered by major retailers seemed so good that consumers threw caution to the wind and blew their entire Christmas […]

Black Friday – don’t splurge

– Deeply indebted consumers should think long and hard before plunging themselv es even deeper into debt by splurging on luxury goodson Black Friday. Often deals offered by major retailers seem so good that consumers throw caution to the wind and blow their entire Christmas budget on expensiv e items such as high-end TVs and […]

Fuel price hike will hit consumers in December

Consumers are in for yet another price shock when the price of fuel is expected to skyrocket in December. Independent economist Dawie Roodt said that thanks to the plummeting rand and rapidly increasing crude oil prices, South Africans can expect to pay as much as 70 cents a litre more for petrol in December while […]

Why you should be cautious on Black Friday

Durban – With Black Friday a few days away, people are preparing to shop until they drop. However, financial experts are urging shoppers to be cautious and make purchases that are within their budget. The more-than-60-year-old American shopping phenome- non has taken off in South Africa in the past four years and has become an […]

Petrol to jump 70 cents in December

Durban – There will be little to cheer about this December for motorists as yet another fuel price increase has been predicted. Economist, Dawie Roodt said with the plummeting rand and increasing crude oil prices, South Africans can expect to pay at least 70 cents per litre for petrol and 60 cents per litre for […]

Beware the dark side of Black Friday

black friday warning

Deeply indebted consumers should think long and hard before plunging themselves even deeper into debt by splurging on luxury goods on Black Friday. With Black Friday and the silly season upon us, finance experts are warning consumers to steer clear of any spending sprees that could exacerbate their debt situation. It should go without saying, […]

Looming fuel price hike a festive mood damper

Cape Town – If there is one economic nuisance consumers would rather not hear, it is that of ever skyrocketing fuel prices. Although economists would want consumers to believe that some ‘cheating’ by petrol barons every now and then, can cheapen the costs, the reality turn to prove otherwise. For-instance, take the latest revelation by […]

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