Experts urge debt counselling amid mounting cost-of-living pressures

Neil Roets, chief executive officer of Debt Rescue, said fuel prices influence far more than what motorists pay at the pumps. “They filter through the entire economy, affecting transport costs, food prices, logistics, municipal service delivery and ultimately household cash flow. While the July reduction is welcome, it is simply too small to offset the cumulative […]

Price pain continues despite Mid East lull

The Department of Mineral and Petroleum Resources announced reductions in the cost of petrol and diesel, reflecting lower global oil prices. However, while the cuts provide welcome relief, they recover only a small portion of the consecutive monthly fuel hikes between March and June, leaving fuel prices substantially higher than they were at the start […]

Why Cheaper Fuel May Not Be Enough to Ease Household Finances

Annaline van der Poel discusses how consumers may not feel the effects of cheaper fuel due to combined financial pressures, including rising food prices, municipal tariffs, transport costs and potential interest rate hikes that erode disposable income.