‘Perfekte storm’ maak SA’ners ál armer
Deur: William Horne Te midde van ‘n “perfekte storm” wat dreig in die ekonomie, moet Suid-Afrikaners maar gewoond raak aan die “moeilike waarheid” dat 2023 nie daardie verligting gaan inhou waarop hulle hoop nie. Neil Roets, uitvoerende hoof van Debt Rescue, draai in ‘n verklaring nie doekies om oor Suid-Afrikaners se voorland nie. “Verbruikers gaan […]
Economists says 2023 will be tough for consumers
By: Yogashen Pillay Experts and labour federation Cosatu have forecast that 2023 will be a difficult year for consumers, as the cost of living is expected to rise and interest rate hikes are also on the cards. Neil Roets, CEO of debt counselling firm Debt Rescue, said that the outlook for consumers was not looking […]
CONSUMERS APPLYING FOR CREDIT ON THE RISE THIS FESTIVE SEASON
By: Nokukhanya Mntambo Debt Rescue CEO Neil Roets said this is caused by a combination of factors including aggressive marketing campaigns, frivolous spending, as well as making up for lost time following restrictions during the COVID-19 pandemic. JOHANNESBURG – Debt rescue CEO Neil Roets said the number of consumers applying for credit is on the rise […]
Big petrol price drop coming this week – but South Africans are still under pressure
Motorists can breathe a sigh of relief this week with petrol and diesel prices seeing a substantial drop in the price from Wednesday, 4 January. However, households will remain under pressure due to high food costs, analysts warn. Petrol prices will be coming down by R2.06 per litre from midnight, while diesel will see a […]
Food prices will remain high this year despite January fuel price drop
Food prices in South Africa remain at elevated levels and consumers should expect higher prices going into 2023. CEO of Debt Rescue Neil Roets, says that although any financial relief is good news for South African consumers, it is small comfort to the millions of families who are heading into 2023 in a far worse […]
Bad news for South Africa with the 2023 food prices…
Despite a significant drop in diesel prices this week, this is unlikely to translate to lower food prices on store shelves in South Africa, says Niel Roets, CEO of Debt Rescue. The Department of Mineral Resources and Energy announced a steep drop in the price of diesel between R1.52 and R1.57 a litre for December […]