Will a 25 Basis Point Rate Cut Really Help?

Annaline van der Poel, COO of Debt Rescue, joins Gareth Edwards on eNCA to discuss whether this small reduction will bring real relief to over-indebted consumers, or if it’s simply not enough. While any cut is welcomed, Annaline argues that rising fuel and electricity costs will quickly cancel out any savings, leaving consumers still battling to […]

Interest Rate Cuts: Too Little, Too Late?

Neil Roets, CEO of Debt Rescue, has cautioned that the slow pace of interest rate reductions is worsening the debt crisis for millions of South Africans. “Statistics reflect that the inflation rate remained below the midpoint of the South African Reserve Bank’s (SARB) inflation range of 3% to 6% for the fifth consecutive month in […]

Annaline van der Poel on the Impact of Rising Electricity Tariffs

Annaline van der Poel, Chief Operations Officer at Debt Rescue, has expressed deep concern during an interview on Smile 90.4 FM regarding the 12.7% electricity tariff increase, warning of its devastating impact on struggling South African households. “We know that last year when we conducted a survey on the impact of rising tariffs, consumers were […]