BusinessTech


The industry’s top experts offer their best advice, research, how-to’s, and insights

A report from Old Mutual shows how much money South African households are managing to put away each month under a very stretched economy. Overall consumer debt is growing, and the fact that ratings agency S&P flagged it as a major risk to the country’s banking sector should act as a wake up call for… Continued

Debt counselling company, Debt Rescue, says it has experienced a substantial increase in financially distressed consumers applying for debt review over the past few months. Debt Rescue CEO, Neil Roets said that since the beginning of January there had been a marked increase in the number of consumers who sought relief by going under debt… Continued

Government’s mooted debt forgiveness programme would plunge consumers deeper into debt in the long term, says debt management expert, Neil Roets. He said that recommendations by the Department of Trade and Industry (DTI) that the National Credit Act be amended to allow the minister to prescribe debt relief measures (debt forgiveness) to over-indebted households also… Continued

The news that South Africa’s economy has slipped into a technical recession in the first quarter of 2017 is likely to have negative knock-on consequences for consumers. The latest gross domestic product (GDP) data released by Stats SA on Tuesday showed that the South African economy declined by 0.7% in the first quarter of 2017, having declined… Continued

Debt management firm, Debt Rescue says that middle class South Africans have been feeling the economic downturn for some time, with petrol and electricity price hikes, along with spiralling food costs leaving many in a debt bind. The company highlighted a recent in-house survey conducted by Sanlam which showed that 73% of professional middle class… Continued

Government’s mooted debt forgiveness programme would plunge consumers deeper into debt in the long term, says debt management expert, Neil Roets. He said that recommendations by the Department of Trade and Industry (DTI) that the National Credit Act be amended to allow the minister to prescribe debt relief measures (debt forgiveness) to over-indebted households also… Continued

Debt management firm, Debt Rescue says that middle class South Africans have been feeling the economic downturn for some time, with petrol and electricity price hikes, along with spiralling food costs leaving many in a debt bind. The company highlighted a recent in-house survey conducted by Sanlam which showed that 73% of professional middle class… Continued

Motorists should brace for a hefty fuel levy increase when finance minister Pravin Gordhan presents the budget speech to Parliament on 22 February. Motorists have already experienced two consecutive petrol price hikes in the first two months of 2017. Petrol has increased by 79 cents so far this year, while diesel is already up by… Continued

1 2 3 7

Thank you!

We look forward to the opportunity to get you debt-free!