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.
The things in life that are truly good for you are rarely smothered in melted cheese or chocolate. That is why budgeting is to your financial health what low GI bran food is to your physical wellbeing… Dry and rather boring but future you will thank you for it. Step 1: Prepare A budget is
DEBT. For many this word is worse than a swear word, and many feel that they are alone in their struggle, with no solution to their problems. The world economy has been through more valleys than peaks in the past eight years, leaving consumers worse for wear, and it had a very negative impact on
The importance of Debt counselling which has become the most important tool for deeply indebted consumers to restructure their debt was highlighted on Saturday (June 13) when the industry recognised outstanding debt counsellors by way of a glittering awards ceremony in Midrand. The debt review awards is an industry awards program where credit providers, debt
Johannesburg – Eskom’s proposed 25% electricity price hike, if approved, will further cripple the already bleeding South African economy, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. “The metals and engineering sector has been struggling for more than five years, owing to fierce import competition from Asian economies, industrial action,
The average South African has net assets of US$11,040 (R137,000) at the end of 2014, according to data from New World Wealth. Net assets, or your net worth, includes everything you own of significance held against your debts. NWW said that for the purpose of it’s research, net assets exclude the value of an individual’s
THE latest fuel price increase is going to have a severely negative impact on consumers, say experts. The price increase in all grades of petrol by 47 cents per litre on Wednesday on top of the increase in electricity tariffs and an almost certain rate hike by the Reserve Bank later in the year is
Cape Town – Compulsive buying disorder (CBD) leads to worrying levels of debt for 85% of people who suffer from this. In psychiatric circles, it is still being debated whether CBD is an addictive disorder, or an obsessive-compulsive disorder or a mood disorder. Whatever the decision may be, the habit of excessive shopping leads to
ADVERTORIAL Pretoria – It is clear from recent statistics that many people are still drowning in their debt. “We see a daily increase in the number of clients that are applying for debt counselling,” said Neil Roets, CEO and pioneer of Debt Rescue. “Approximately 9 100 clients applied for debt review in the year 2013/2014
86% of people borrow money to meet basic household needs, says bank Download article
