In The Press

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.

Fuel price drop relief to consumers

PETROL and diesel will drop significantly in price, by 45c/l and 61c 1 respectively, on Wednesday, bringing some respite to battling consumers with high household debt levels. The Department of Energy announced a drop in all grades of petrol and diesel, with both 95 and 93 octane coming down by 45c 1 while the price

2 minutes, 15 seconds
Suid Kaap Forum

Debt still high despite fuel price drop

Consumer debt will remain high despite the upcoming drop in fuel prices, a debt counsellor said on Monday. “The drop in the retail price of petrol of 45 cents a litre on Wednesday will bring welcome relief to deeply indebted South Africans, but the overall indebtedness of consumers remains a problem,” Debt Rescue CEO Neil

0 minutes, 41 seconds
Destiny Connect

Fuel price falls, but debt continues to rise

This week’s drop in fuel price may bring temporary relief, but consumer debt remains too high so don’t see this as an early Christmas present, experts warn The drop in the retail price of petrol of 45 cents a litre on Wednesday will bring welcome relief to deeply indebted South Africans but the overall indebtedness

2 minutes, 15 seconds
Weekend Argus

Hefty drop in fuel price next week

THE price of petrol will drop by 45c/litre next week, the Energy department said yester¬day. From Wednesday, the whole¬sale price of diesel of 0.05 per¬cent sulphur will decrease 61c//, while diesel 0.005 percent sulphur would decrease by 60c//, the department said. The retail price of 95 and 93 petrol would decrease by 45c//. A major

1 minute, 0 seconds
Weekend Post

Petrol price drop brings relief

THE 45c a litre drop in the retail price of petrol will bring welcome relief to deeply indebted con-sumers, said Neil Roets, CEO of Debt Rescue, one of the largest debt counselling companies in South Africa. Roets has welcomed the 60c a litre reduction in the diesel price as both petrol and diesel prices have

1 minute, 31 seconds

Petrol price drop a relief for consumers

Cape Town – The decrease in the prices of petrol and diesel will bring some respite to deeply indebted consumers, said Debt Rescue CEO Neil Roets. From Wednesday November 5, petrol 95 and 93 (ULP and LRP) is coming down by 45 cents a litre (c/l). The price of diesel with 0.05% sulphur will drop

1 minute, 57 seconds
Destiny Man

Petrol price decrease next week

The price of petrol will drop by 45 cents a litre next week, the energy department said on Friday From Wednesday, the wholesale price of diesel of 0,05% sulphur will decrease 61 cents per litre, while diesel 0,005% sulphur would decrease 60 cents per litre, the department said in a statement. The retail price of

1 minute, 52 seconds

Perfect storm could hit consumers – experts

Johannesburg – Two of South Africa’s top economist are predicting that the rand may slide as low as R11.60 or weaker to the dollar in the near future which is going to have a severe impact on everything from the price of food to imported vehicles. Independent economists Dawie Roodt and Brenthurst Wealth Management investment

2 minutes, 14 seconds

Deeply indebted consumers facing ‘perfect storm’

TWO of SA’s economists are predicting that the rand may slide to as much as R11.60 or weaker to the dollar in the near future and they say this will have a “severe impact” on everything from the price of food to imported vehicles. Independent economist Dawie Roodt and Brenthurst Wealth Management investment strategist Mike

2 minutes, 12 seconds
SA Breaking News

Indebted Consumers Face Perfect Storm

Consumers are in for hard times with middle and lower income groups expected to suffer the most, said Independent economist Dawie Roodt and Brenthurst Wealth Management investment strategist Mike Schüssler on Tuesday. The two predicted upcoming increases sure to put pressure on the already strained consumer. According to the economists, the rand may slide as

1 minute, 6 seconds
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