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.
Annaline van der Poel, Chief Legal Officer at Debt Rescue, shared her insights with South African Today. She said Finance Minister Enoch Godongwana faces a difficult task with little room to manoeuvre. While sin taxes may be targeted, she warned that “any new tax measures could hurt already struggling consumers.” She noted that global instability
Annaline van der Poel, Chief Legal Officer at Debt Rescue, says South Africans are making serious sacrifices just to survive, with many households cutting back on food to afford electricity. Speaking to Newzroom Afrika, she explained that this is the second survey Debt Rescue has conducted in a year focusing on the impact of electricity
Neil Roets, CEO of Debt Rescue, says that while a small interest rate cut from the South African Reserve Bank would be welcome, it wouldn’t be enough to truly help consumers in distress. “Even a 25 or 50 basis point cut would barely make a dent,” Roets cautioned. “South Africans are already overwhelmed by rising
A recent Debt Rescue survey highlights that a growing number of South Africans are being forced to buy food on credit due to rising living costs and stagnant wages. In an interview with Newzroom Afrika, Chief Legal Officer Annaline van der Poel revealed that 86% of respondents are cutting back on groceries and transport to
Neil Roets, CEO of Debt Rescue, responded to the April 2025 Household Affordability Index with grave concern, warning that the figures reflect a “brutal truth”: millions of South Africans can no longer cope financially. He highlighted a growing trend where consumers are turning to credit cards and payday loans just to buy groceries, a clear
Despite a small decrease in fuel prices, Neil Roets, CEO of Debt Rescue, says South Africans remain under immense financial pressure. He warns that the marginal drop will make no meaningful impact for households still paying over R20 per litre at the pumps, as the true crisis lies in skyrocketing food prices, high interest rates,
Debt Rescue’s latest survey reveals that 86% of prepaid electricity users in South Africa can no longer afford power costs, leaving many households forced to choose between electricity and food. CEO Neil Roets warns that this signals a deepening affordability crisis, especially as winter approaches and electricity demand increases.
Neil Roets, CEO of Debt Rescue, welcomed the withdrawal of the VAT hike, calling it “vital and timely relief” for financially strained South Africans. He said the VAT increase would have pushed many families to breaking point. Roets added that the revised Budget has strengthened SARS’s ability to close the tax gap and improve compliance
Neil Roets, CEO of Debt Rescue, welcomed the drop in inflation to 2.7%, saying it brings a “glimmer of hope” to struggling South African households and strengthens the case for a potential interest rate cut. He explained that lower inflation reduces pressure on the Reserve Bank and expressed hope that rate relief might come before
A new Debt Rescue survey reveals that soaring electricity prices have left many South Africans in the dark—literally. The study found that 79% of consumers rely on prepaid electricity, often only buying what they can afford, which means some go without power before the end of the month. Even more concerning, 86% of respondents said
