Sunday Review: Rates, inflation and fuel prices put pressure onhouseholds

Debt Rescue CEO Neil Roets said the latest increase was another significantblow for households already under severe financial pressure. “We at Debt Rescue are particularly concerned about the cumulativeimpact on consumers, because this increase comes at a time whenhousehold budgets are already being squeezed by elevated transport,housing, utilities and other essential living costs,” Roets said. Roets […]

Higher repo rate adds pressure on South African households

Debt Rescue CEO Neil Roets said the cumulative impact of higher interestrates and rising living costs was particularly concerning for householdsalready under financial strain. “In the face of the expected October petrol and diesel price increases,driven by global energy market instability and rand weakness, which willimpact transport, distribution, and food prices, worsening inflationarypressures, the accumulated […]