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.
‘Increase in electricity… will directly impact food purchased’ ESKOM’S application for a 25,3% tariff in¬crease is a tipping point in the ability of most South Africans to put food on the table. The Pietermaritzburg Agency for Com-munity Social Action said in its monthly Price Barometer yesterday that the pro-posed increase will on average move monthly
Only 21c in every rand is available to the average South African household to pay for living expenses. Despite measures in the last two decades to curb levels of household indebtedness, the rest is used to pay debt What’s more, of the 20 million credit-active consumers in this country, 47% are in arrears on their
What’s more, of the 20 million credit-active consumers in this country, 47% are in arrears on their accounts by three months or more, or had judgments against them, or had negative ratings on their credit record, according to the National Credit Regulator. Three major measures have been taken in the last decade to try and
Verbruikers verdrink in skuld, maar steeds word die kredietkaart gebruik. Volgens die jongste syfers van die Reserwebank skuld verbruikers krediteure byna R1?500?miljard in agterstallige skuld. Terwyl slegs 1,1?miljoen van Suid-Afrikaners 70% van die land se inkomstebelasting betaal, is daar tans 22,8?miljoen kredietaktiewe verbruikers. Daarby toon die kredietburomonitor van die Nasionale Kredietreguleerder dat byna 60% van
Suid-Afrikaanse maatskappye kan nie langer bekostig om stygings in die koste van invoer en elektrisiteit namens die land se verbruikers te dra nie. Ludovic Sudran, hoofekonoom by die internasionale handelskredietversekeraar Euler Hermes, waarsku dat dié prysstygings reeds Suid-Afrikaanse maatskappye se winsmarges onder groot druk geplaas het. Sudran meen die druk op maatskappye se marges kan
The reduction in toll fees will have a significant positive impact on hard pressed consumers. Debt expert Neil Roets, CEO of Debt Rescue, debt counselling firm in South Africa, said for commuters who used the toll roads on a daily basis, this move would bring some relief from the crushing debt load most South Africans
The revised e-toll tariffs, announced by Deputy President Cyril Ramaphosa on Wednesday, has solicited mixed reactions from businesses, the public and unions in South Africa. Although still generally rejected by the broader public, Business Leadership South Africa (BLSA) welcomed the announcement on the new e-tolls dispensation. It is our preference that if you wish to
While there has been widespread rejection to the revised e-toll tariffs announced on Wednesday‚ a large debt counselling company said they “will bring welcome relief to hard-pressed consumers”. It is our preference that if you wish to share this article with others you should please use the following link: Deputy President Cyril Ramaphosa said that
While there has been widespread rejection to the revised e-toll tariffs announced on Wednesday‚ a large debt counselling company said they “will bring welcome relief to hard-pressed consumers”. Deputy President Cyril Ramaphosa said that road users in Gauteng will pay up to 50% less a month‚ while those with outstanding amounts owed to the South
The reduction in toll fees will have a significant positive impact on hard pressed consumers. Debt expert Neil Roets, CEO of Debt Rescue, one of the largest debt counselling firms in South Africa, said for commuters who used the toll roads on a daily basis, this move would bring some relief from the crushing debt
