Stay informed with the latest news and expert opinions from South Africa’s leading news agencies. Debt Rescue’s CEO Neil Roets and Debt Rescue’s COO, Annaline van der Poel, shares economic insights, explains how debt review can help over-indebted consumers, and valuable financial advice. From expert interviews to breaking news, this page brings you honest discussions about money, debt counselling, and actionable tips to help you take control of your debt.
In the wake of the National Budget Speech address, South Africa grapples with a fiscal landscape that, while stabilising, provides scant immediate relief for households buckling under the weight of soaring living costs. Amidst reports of rampant food inflation, rising electricity tariffs and increased transport costs, many citizens find themselves ensnared in a web of
While the national budget outlines the bigger picture on the country’s finances, behind every line item and deficit figure that Godongwana will address, are real people, families who are stretched to the very limit by high prices, stagnant wages and mounting debt repayments. This was according to Neil Roets, CEO of Debt Rescue, who said how
The nation will be watching with a close eye and listening for some hope of fiscal reprieve later this week when South Africa’s Minister of Finance, Enoch Godongwana, will deliver the 2026 Budget Speech. While the country enjoyed a fuel price decrease at the start of the year, along with interest rates remaining unchanged and
South Africans are in the grip of an ever-deepening cost-of-living crisis that has driven them to their knees, forcing households to make heartbreaking purchasing decisions every month. Behind this is a deadly combination of debilitating living costs that have spiralled out of control, infrastructure that is failing them, poor job creation and wages that fall
As President Cyril Ramaphosa prepares to deliver his 2026 State of the Nation Address (SONA), expectations are high as South Africans look for concrete solutions to the country’s most pressing challenges. The President is expected to address issues that affect citizens across all aspects of life. These include socio-economic challenges such as water shortages, a
Right now, it is tougher than ever for South Africans from all walks of life who are buckling under the physical and emotional repercussions of debilitating financial pressure. Over the past year, ever-escalating living costs, stagnant wages, and high interest rates have forced millions of households to rely on credit, including expensive, short-term loans, often
With the cost of living showing no signs of letting up and economic uncertainty still part of daily life for millions of South Africans, many of us are looking for smarter ways to take control of our money and start the year strong, now that ‘JanuWorry’ is behind us. We just don’t know exactly how
The Department of Mineral Resources and Energy (DMRE) announced a petrol price cut that came into effect this past Wednesday, that reduced the cost by 65 cents per litre for both 95 and 93 octane unleaded petrol. As the nation breathes a sigh of relief, with prices falling to R19.27 at the coast and R20.10
Debt Rescue reports a concerning surge in consumers depending on credit, including costly short-term loans, to afford essential needs such as food, fuel, electricity and water. CEO Neil Roets highlights that the crisis has evolved beyond economics into a deeply human issue, with families struggling to survive month to month. Roets cautions that South Africans
87% of SA consumers feel overwhelmed, stressed and anxious about finances, says Debt Rescue CEO Neil Roets. As the nation prepares for this year’s State of the Nation Address (Sona), the president will highlight achievements, flag challenges and outline interventions for the coming financial year. President Cyril Ramaphosa’s new year message is one of reflection,
