Sosha FM interviews Annaline van der Poel about the electricity crises

SA’s electricity crisis | Many struggle to afford back-up power: survey

The debt counseling group polled more than a thousand participants, and found that 77-percent of them say the cost of electricity has become unaffordable. Forty percent of respondents say they are already spending up to R1,500 per month on power and won’t be able to absorb more price increases. Many already have crippling debt and […]

Households in South Africa are taking a beating

Neil Roets, the CEO of Debt Rescue, says that more South Africans are turning to credit to make it through each month as they can no longer afford to keep their lights on. A recent survey from the group, with over 1,000 respondents, found that 77% said that the cost of electricity has become unaffordable, […]

Money is too tight to talk about SA consumers…

Food prices, electricity costs, municipal tariffs, medical aid fees – all soar as incomes fall, crushing South Africans’ personal finances, and load shedding puts more pressure on businesses. The story of consumers being squeezed in is one we’ve heard over and over for the past two years, but South Africans may well be at a […]