Moenie oorwinning oor inflasie voortydig vier, waarsku Reserwebank
Al is die besluit alom verwag, was daar Donderdagmiddag tot ’n tikkie teleurstelling onder sommige kommentators dat die Reserwebank die vierde agtereenvolgende keer die rentekoers onveranderd gelaat het. Neil Roets, uitvoerende hoof van die skuldberadingsfirma Debt Rescue, sê baie verbruikers gaan nou skuld aan om skuld af te betaal, ’n “teken van ’n nasie diep […]
Most South Africans Working To Pay Debts
Seventy-five percent of the average South African’s salary goes towards paying off debt. That’s because the high interest rates from last year, have taken a toll. This week the Reserve Bank Governor announced that the repo rate would remain the same. CEO of Debt Rescue, Neil Roets speaks to the eNCA about this. Follow the […]
South Africans are in a credit crisis and it’s no longer about keeping up with the Joneses
By Neil Roets The most important right consumers should demand is a stable economy where all South Africans can prosper, and a stop to the relentless cost-of-living increases that are decimating people’s lives, writes Neil Roets, the CEO of Debt Rescue. SOUTH Africans are in trouble. Deep trouble. Warning signs have been flashing since late 2022 […]
Cost of living for consumers in SA remain high as the price of a food basket surges
By Ashley Lechman The cost of living for consumers continues to reman high after it was revealed this past week that the price of a basic grocery food basket had increased by 8.3% in just a year. This was according to the January 2024 Household Affordability Index and Key Data, compiled by the Pietermaritzburg Economic […]