By Yogashen Pillay DURBAN – While the prices of fuel will be slightly cheaper from today, calls have been made for the government to urgently look into the fuel price model. The Department of Mineral Resources and Energy said fuel prices will decrease across the board today: 93 unleaded petrol (ULP) and leadreplacement petrol (LRP) petrol, […]
By Gcwalisile Khanyile DURBAN – A recent study by Debt Rescue, a South African debt counselling company, has revealed that 73% of South Africans will not have enough money to carry themselves into the new year. According to Debt Rescue’s latest Quarterly Survey which polled over 1 200 South Africans, this is due to the festive […]
Durban – Considering the average car’s tank is about 50 litres, it will now cost motorists R1 000 to fill up, a sharp increase from the approximately R750 it cost to do the same in January of this year, when the petrol price was R14.99 a litre. The price of petrol, diesel and paraffin has […]
By Se-Anne Rall Durban – It seems people shoving each other to get their hands on Black Friday specials is now a thing of the past. Social media users said most malls were quiet, and they were able to dash in and out for a bit of usual grocery items without hassle. It appears that many […]
by Martin Hesse While the worst of the pandemic appears to be behind us and the economy has, in GDP terms, bounced back relatively strongly since plummeting last year, life for South African consumers is far from back to normal, as a number of surveys attest. For the average consumer, income levels are down, savings […]
As cash-strapped South Africans faced a humongous fuel price hike this week, with motorists now paying R1.21 more per litre of petrol and R1.48 more per litre of diesel, FNB Money Managemen and Masterdrive have shared their top tips on how to cushion the financial blow and reduce your spending on fuel. Debt Rescue said […]
Neil Roets the CEO of Debt Rescue gave his view of the energy and petrol issue. South African consumers are continuing to be squeezed by rising fuel and electricity prices, and the situation is expected to worsen as we approach the end of the year. This is the view of Neil Roets, chief executive of […]
Between April and June last year, 1.6 million South Africans applied for mortgage payment holidays from their banks. While this provided some form of temporary relief, it is now costing them, on average, an additional R12 900 a month due to having to pay up on interest accrued, pushing many South Africans further into financial […]
As if there were not enough headaches to contend with already – think the revised adjusted lockdown level 4, extraordinary icy conditions, intermittent load-shedding, rising CPI and renewed job losses in the hospitality, alcohol and restaurant industries – South Africans will need to brace themselves for more bad news. This as utility and fuel prices […]
A YEAR on from the first hard lockdown, the TransUnion Consumer Pulse survey for the first quarter of 2021 offers some promising insights for South Africans: 76% of the respondents said they were optimistic about the future, and more than half felt confident their household finances would recover within the next 12 months. However, the […]
We look forward to the opportunity to get you debt-free!
You can start your application process already. Simply download your assessment or fill in our online application and get one step closer to becoming debt-free with Debt Rescue!
