All Eyes on the Reserve Bank: July MPC Meeting Carries High Stakes for South Africa’s Economy
As the South African Reserve Bank prepares for its July Monetary Policy Committee (MPC) meeting, the country faces mounting economic pressure. Neil Roets, CEO of Debt Rescue, warns that the looming threat of a 30% tariff on exports to the United States — set to take effect on 1 August — could trigger a weakening […]
Debt Rescue Survey Exposes How the Cost of Living Crisis Is Destroying South Africans’ Ability to Save
According to new findings from Debt Rescue’s national consumer survey, South Africans are struggling to save — not because they don’t want to, but because they simply can’t. The growing cost of living crisis, rising food and fuel prices, and pressure from monthly debt repayments are leaving households with nothing left to put aside. This […]