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 Ina Opperman South African consumers struggle to make ends meet while they battle high interest rates and inflation. How can they deal with Black Friday? The latest Debt Rescue survey reveals how financially distressed most South African consumers are, with a staggering 70% of them saying this Black Friday they will focus on hunting
By Ashley Lechman Financial experts have warned that consumers should keep an eye on their financial needs in January 2024 as the country approaches the higher spending period in December. CONSUMERS in South Africa can look ahead to the festive season without having to adjust their budgets too much after the South African Reserve Bank
Economists and banks have welcomed the decision to leave the repo rate unchanged at 8.25%, saying it provides a bit of stability and lift consumers holiday spirits after a tough year. The Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) unanimously decided to keep the repo rate unchanged at 8.25% during its
In the vibrant landscape of South Africa’s job market, certain careers stand out for their high demand, exceptional prospects, and substantial earnings. As per recent research conducted by Debt Rescue, an authoritative entity in the financial domain, seven professions have surfaced as the top-earning careers in the country for the year 2023. Debt Rescue’s comprehensive
By Nokukhanya Mntambo The 2023 Deloitte Black Friday-cyber Monday survey found that e-commerce continues to hold onto gains seen during the pandemic when online shopping shot up. Debt Rescue said consumers should opt for making online purchases to help avoid unnecessary spending during the festive season. The Christmas shopping frenzy traditionally kicks off with Black
By Ina Opperman When Black Friday rolls around on Friday this week, many consumers will be ready to spend responsibly it seems. On Black Friday, 70% of financially-distressed consumers will focus on hunting for deals that will put more food on the table and help families to stock up on necessities like toiletries, electronics and other
By Kaylynne Bantom With the cost of living increasing rapidly, gone are the days of excessive spending during Black Friday sales. Instead, Annaline van der Poel, Chief Business Development Officer at Debt Rescue, advises people not to spend money on items they cannot afford. “Only spend when there is a sale on an item that
Written by: Wendy Jasson Da Costa Economists and debt counsellors have warned that people should spend only what they can afford and after budgeting for the items on their wish lists, while those in the digital industry have cautioned online shoppers to ensure that their passwords are protected. Credit cards are ready and weeks of
By Kate Stubbs Food waste – a dire consequence of load shedding in an already food insecure country! Loadshedding has led many households, businesses as well as the entire supply chain in the food and catering industry, having to dispose of more fresh food than usual due to refrigerators and cold storage units being unexpectedly
Oil prices made a downward turn on Friday, spurred by easing Middle East supply concerns amidst the Israel-Hamas war and speculation of the US Federal Reserve halting interest rate hikes. Brent crude futures were recorded at $84.89 a barrel while West Texas Intermediate crude stood at $80.51 a barrel, marking a weekly drop exceeding 6%.
