Neil Roets: Budget 3.0 Harming Taxpayers and Failing Consumers

Neil Roets, CEO of Debt Rescue, sharply criticised Budget 3.0, saying Finance Minister Enoch Godongwana failed to reassure citizens and investors about how he plans to address the fiscal deficit, manage debt, and spend responsibly without overburdening taxpayers. Roets described the measures to stimulate job creation as vague and noted a glaring lack of focus […]

Interest Rate Cut POSSIBLE, But Savings MINIMAL– Debt Rescue CEO

Neil Roets, CEO of Debt Rescue, commented that while the South African Reserve Bank (SARB) may keep interest rates unchanged at this week’s Monetary Policy Committee meeting, the chances of a 25 basis point cut are increasing.  With inflation dropping to 2.8%, below the SARB’s target range of 3–6%, the environment is becoming more favourable […]