Consumers are falling behind in debt repayments

The future for SA consumers looks bleak A while back, consumers were forced to cut out luxuries from their spending to keep their heads above water. But, now, they will have to start cutting on basic necessities just to stay alive. All the main economic indicators show that things in South Africa are going to […]

Petrol price could hit R20

Petrol price could hit R20 before the end of the year Although the petrol price is ‘only’ expected to rise by about 7 cents a litre in June, the general economic outlook remains bleak. This is according to Dawie Roodt, chief economist at the Efficient Group, who said that consumer debt and unemployment are set […]

Consumers to start cutting on basic necessities

Consumers are in for a tough time Most consumers cut out luxuries from their spending some time ago. They will also have to start cutting on basic necessities just to stay alive. Although the petrol price is only expected to rise by about 7 cents a litre in June, with diesel likely to increase by […]