Understanding the Budget’s Impact on South Africans

Annaline van der Poel, COO of Debt Rescue, discusses the reality many consumers face: rising interest rates, slow economic growth, and limited relief on the horizon, during an interview on 702.  Greylisting is a Challenge for Economic Progress She explains that while the government has tackled many issues related to South Africa’s greylisting, a few […]

Budget Lacks Consumer Solutions

In a recent interview on CapeTalk 567 AM, Annaline van der Poel, COO of Debt Rescue, shared her perspective on South Africa’s economic challenges. With the nation’s growth outlook downgraded and greylisting still impacting finances, she mentioned that while some progress has been made, key issues remain unresolved. This ongoing status restricts South Africa’s access […]

Debt Rescue CEO Voices Concern Over Consumer Struggles Amid MTBPS

Following the 2024 Medium Budget Policy Statement (MTBPS), Debt Rescue CEO Neil Roets expressed deep concern for South African consumers, noting that, despite the government’s focus on stability and inclusive growth, financial pressure on households remains severe. Roets pointed to global economic challenges, with growth projected at only 3.2% and rising geopolitical tensions, which could […]

Anticipation for Budget Relief Amid Rising Costs

South Africans are eagerly awaiting Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement, hoping for relief amidst rising living costs. Speaking on HOT1027 during the HOT Business with Moneyweb show, Annaline van der Poel, Chief Operating Officer of Debt Rescue, notes that many consumers are under immense pressure, with inflation and a looming fuel price […]