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South Africans are urged to tighten their belts or face a tough ride ahead, as the country grapples with the effects of a technical recession. Economist Dawie Roodt said he was certain that most employers will not be increasing salaries, as they will be taking strain themselves. “In fact, some will be forced to retrench… Continued

Die ANC se Kredietwysigingswet – wat banke dwing om die skuld van sommige armes of te skryf – gaan uiteindelik miljoene behoeftiges in die arms van gewetenlose township-milupuideners dryf. Kenners bereken dat char sowat 9,5 miljoen mense in die land is wat minder as R7 500 per maand verdien en ongesekureerde skuld van minder as… Continued

Durban – Experts predict that whatever relief consumers got from government keeping down the September fuel price increase is going to be wiped out with a whopping R1.20 – to R1.30 per litre increase in October… and yet further increases are expected in November and December. With fuel prices currently at R15.86 a litre, such… Continued

The fact that the gov­ern­ment has by ar­ti­fi­cial means sup­ported the fuel price to keep it well be­low the 23c-25c a litre that had been ex­pected will come back to haunt con­sumers in months to come says econ­o­mist Dawie Roodt. “There is a set for­mula that the en­ergy depart­ment and econ­o­mists use to cal­cu­late the… Continued

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