Rising fuel costs threaten to deepen household financial strain

Neil Roets, CEO of Debt Rescue and a consumer debt specialist, said the speed of the increases was making it increasingly difficult for households to adjust their budgets. “It is just not possible for family budgets to absorb repeated large increases such as these over such a short period of time. For many already financially […]

Fuel stations packed as motorists rush to beat midnight price hike

Debt Rescue’s Annaline van der Poel said families have had very little timeto adjust their budgets to the rapid increases. “A 45-litre tank that cost just over R900 in March now costs more thanR1,350. For many South Africans, fuel and transport are expenses theysimply cannot avoid. The problem is that every additional rand spentgetting to […]

Cost of living crisis forces South African shoppers to rethink every rand

Neil Roets, CEO of Debt Rescue, said this reflected a broader change in howhouseholds are managing their money. “At Debt Rescue, we see this as part of a broader change in householdmoney management: shoppers are paying much closer attention to whatthey are buying, what they actually need and whether the price they arepaying can be […]