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.
Next Thursday, the South African Reserve Bank’s Monetary Policy Committee (MPC) will gather for its first interest rate decision of 2026, and the financial air is thick with anticipationbut not necessarily with expectation. While weary consumers and businesses pray for relief, the overwhelming consensus among experts is a frustrating status quo: interest rates are likely to
Experts mostly expect interest rates to remain unchanged next week. The Monetary Policy Committee (MPC) is expected to meet next week Thursday for the first interest rate announcement of 2026. Neil Roets, the CEO of Debt Rescue, said that they believe that, while a further interest rate cut remains possible, the balance of factors suggests
Now that the New Year has arrived, most of us have had some time out to recharge and gain perspective about our lives, habits or behaviours – which hopefully then turn into making positive changes. This could, for instance, include things like our health, relationships, work, or personal finances. Finances for instance are put under
Now that the New Year has arrived, most of us have had some time out to recharge and gain perspective about our lives, habits or behaviours – which hopefully then turn into making positive changes. This could, for instance, include things like our health, relationships, work, or personal finances. Finances for instance are put under
South African consumers are heading into 2026 carrying a heavy debt load, prompting renewed warnings from debt and credit experts that households need to make careful financial decisions to avoid sinking deeper into financial distress. Neil Roets, CEO of Debt Rescue, said the organisation is increasingly concerned about the level of debt consumers are bringing
It is good news that the fuel price has fallen today, but for most South Africans, this will not make a significant difference as they are so deep in debt and have so little income that they will go into debt with the same bread they eat today. Mineral and Petroleum Resources Minister Gwede Mantashe
It is good news that the fuel price is decreasing tonight, but for most South African consumers this will not make a significant difference, as they are so deep in debt and have so little income that they will go into 2026 with the same despair they had a year ago. Minister of mineral and
It’s easy to get swept up in the moment during the festive holidays, loosening your grip on your wallet as December winds down to a close, only to wake up after the New Year celebrations with a deep hole in your finances. This is especially concerning when it’s time to consider the January school budget,
IMPACT: 65% had to drastically change festive plans due to high cost of living There will again not be all that much ho-ho-ho for South African consumers as about 94% of survey participants indicate they enter the peak festive season under severe financial pressure. Statistics from a recent Debt Rescue survey paint a grim picture
The vast majority of South African households are under extreme financial pressure, prompting many families to cut back or cancel their holiday celebrations during the Christmas season, the South African Broadcasting Corporation reported Monday, citing a survey released by Debt Rescue, the country’s leading debt counselling company. It said that 94 percent of respondents reported
