Neil Roets Explains Effect of Oil Price Decrease on SA Consumers

Oil prices have recently collapsed to an all-time low reaching below $0 for the first time in history. Traders dumped oil due to the ongoing impact of the Coronavirus. The historic decreases are expected to have a negative knock-on effect on oil-producing countries, many of which are in Africa. Economist Neil Roets explains this is […]

Pay day woes bite as economists predict the worst is still to come

Durban – It’s a bleak payday for millions of South Africans who still have jobs, and it’s going to get worse. One expert warned the global economic crisis caused by the coronavirus pandemic could be as bad as the Great Depression of 1929. Thousands of people have taken advantage of payment holidays banks have offered […]