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.
By Ashley Lechman With the cost of borrowing in South Africa remaining elevated, consumers will be forced yet again to adjust their monthly budgets as the fuel price adjustments were announced yesterday. The Department of Mineral Resources and Energy has added to the cost-of-living crisis for consumers, with fuel price increases set to take place
By Ashley Lechman The energy crisis in the country, one of the main factors of slowing down the economy, showed positive growth in the fourth quarter. South Africa’s ailing economy increased by a minuscule 0.1% in the fourth quarter of 2023. This was according to Statistics South Africa (Stats SA), which released the country’s gross
By Ina Opperman The large fuel price increase as well as the hot weather and little rain in February threaten South Africa’s food security. Current weather conditions pose a large enough threat to farmers to cause a potential crop yield loss. This could place a heavy financial burden on the nation’s farmers at a time
By Ashley Lechman Petrol price increases don’t just hurt motorists who need to fill up their vehicles, they have a devastating effect on the country’s food supply. The country’s food security is in the spotlight right now, with current weather conditions posing a large enough threat to farmers to cause a potential yield loss of
By: Ashley Lechman Finance Minister Enoch Godongwana managed to tread the fine line with his 2024/2025 Budget Speech this past week. Pundits touted the platform as his opportunity to demonstrate the country’s commitment to reigning in liabilities, as demands on public finances increase ahead of the national election schedule for May 29. His budget centred
Deur: Hanlie Stadler Internasionale pryse, wisselkoers grootste aanwysers. Motoriste moet hulle maar solank begin staal vir ’n skerp styging in brandstofpryse in Maart. As pryse vandag vasgestel moes word, sou 95-oktaan-petrol R1,35 per liter duurder moes word en diesel tot R1,59 per liter. Dit beteken jy sal in Maart tussen R54 en R79,50 meer as
Just a few years ago, it was revealed that 77% of South Africans have no funds left at the end of the month. More worrying was the fact that the average South African was saddled with R70 000 in debt, according to 2015 findings from Debt Rescue. Years later, it’s been reported that as interest
By David Hendricks Consumers are being cautioned about Valentine’s Day gift price increases as they plan to spoil their loved ones. Last-minute purchases will likely boost retail sales. Per EWN, some individuals will rush to buy gifts to enhance Wednesday’s celebration. Debt Rescue’s CEO Neil Roets has emphasised the importance of not falling into a debt
By Ashley Lechman South Africa’s cost-of-living crisis just reached a new high with news that motorists will be hit with yet another petrol price hike. This follows the announcement by the Department of Mineral Resources and Energy of the official fuel price adjustments for February 2024, showing a jump in the price of both 93
‘Virtually the entire population of this country are in deep trouble and have no idea where or how help is coming from,’ said Debt Rescue CEO Neil Roets. The number of deeply indebted consumers in South Africa over the past three months has risen sharply compared to the same period last year, The Citizen reports. Debt Rescue
