Alarm bells ring as South Africans fall deeper into debt

‘Virtually the entire population of this country are in deep trouble and have no idea where or how help is coming from,’ said Debt Rescue CEO Neil Roets. The number of deeply indebted consumers in South Africa over the past three months has risen sharply compared to the same period last year, The Citizen reports. Debt Rescue […]

2023 was a battle for survival for South Africans

By Ina Opperman After the pandemic years, consumers looked forward to 2023, but they were mostly disappointed as their finances remained under strain. The year 2023 was a battle for consumers regardless of income due to the high cost of living, high inflation, interest rates and food and fuel prices. The cost of credit also […]

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