Vat cancels out fuel-price relief
Debt laden consumers owe R1.73 trillion ALTHOUGH the drop in fuel prices from today will bring some relief to deeply indebted consumers, it will be short-lived, as the value-added tax (VAT) rate is set to see a price hike next month. The Department of Energy announced last week that as from today the price of […]
Herroeping van dié vleis raak heel armstes ergste
Die herroeping van polonie en ander verwerkte vleisprodukte weens ‘n listeriose-uitbreking sal ‘n reuse-impak op die heel armste deel van die bevolking hê. Dit is omdat dié deel staatmaak op dié goedkoop bron van proteïene, sê Neil Roets, uitvoerende hoof van die skuld beradings groep Debt Rescue. Volgens die minister van gesondheid, Aaron Motsoaledi, het […]
Departure of Jacob Zuma
The damage done to the economy by nine years of Jacob Zuma’s presidency was so severe that even his decision to resign with immediate effect is unlikely to reverse the decision by rating agencies to further downgrade South Africa’s credit rating. Independent economist Dawie Roodt said there was a strong possibility that Moody’s and Fitch […]
VAT increase cancels out fuel price decrease
Cape Town – Although the decrease in fuel prices from today will bring some relief to deeply indebted consumers, it will be short-lived as VAT will increase next month. The Department of Energy announced last week that as from today the price of petrol will drop by 36 cents a litre and diesel by between […]
Petrol to drop by 36c a litre
Durban – Good news for consumers as the price of petrol is set to drop by 36c a litre at midnight on Tuesday. However, the fuel levy of 52c a litre will still be introduced on April 1. Andre Venter, spokesperson of the trade union United Association of South Africa (UASA) said the drop of […]
Tomorrow’s fuel price drop ‘won’t offset bloated public service’
WHILE the 36¢/l drop in the price of petrol that kicks in tomorrowwill bring some reliefto deeplyindebted consumers, much ofthat concession will becounteractedbythehigher VAT rate thatwill becomeeffectivein April. Together with a range of other taxes and levies introduced by former finance minister Malusi Gigaba in his 2018 budget, consumers are in for rough ride. The […]
Over 300 000 over indebted South Africans
How to help financially stressed employees
Are your employees financially stressed? According to the South African Depression and Anxiety Group (SADAG), one in four employees is diagnosed with depression. Our workforce is stressed and depressed mainly due to job shortages, economic instability and inflation rates. It’s important for workers to be mentally healthy in the workplace as depression has a negative […]
What to do if you’re drowning in debt
Bunny Majaja interviews Annaline van der Poel from Debt Rescue Bunny Majaja from HOT 91.9 FM (NSBC Media Partner) interviews Annaline van der Poel from Debt Rescue. Anneline talks about how to deal with your debt and debt counseling – what it really means and how it can help you get your head back above water. Listen to the full […]