Inflation and interest drive debt
By Anathi Madubela First-time home owners and people who bought cars are seeking help from debt counsellors. There has been a more than 30% increase in debt counselling inquiries from South Africans compared to the same period a year ago, indicating the financial stress consumers are experiencing. This is according to DebtBusters’ Q3 2022 Debt […]
Diesel price sharply down in December but hungry South Africans still face escalating food prices
By Neil Roets The announcement by the Department of Mineral Resources and Energy of a steep fall in the price of diesel between R1.52 and R1.57 a litre in December, is welcome news for the country. This, on the back of global oil prices plunging to their lowest levels since 2021 in November, and a […]