In The Press

The industry’s top experts offer their best advice, research, how-to’s, and insights

Volgens Debt Rescue moet verbruikers die volgende wenke wat werk gebruik om slaggate vermy:  Nie beplan vir die toekoms nie.  Een van die grootste foute wat verbruikers maak, is om nie te beplan nie. Jy moet ’n begrotingsplan opstel. Dit sal jou help om ’n prentjie te skets oor waar jy moet sny en hoeveel… Continued

Fiscal deficit: Mboweni may increase taxes Danger of consumers using fuel price decrease as an excuse to start spending. he recent fuel price drop that was favoured by the good performance against the US dollar could be undermined by a tax increase, come from Finance Minister Tito  Mboweni’s mid-term budget, and the possibility that ratings… Continued

Cash-strapped consumers will have to fork out even more money as the price of petrol is set to rise by 18 cents a litre this week. The Department of Mineral Resources and Energy announced the price changes on Sunday, stating that the price of 95 (ULP and LRP) will rise by 18 cents a litre… Continued

Hope for the hopeless A new law could see millions of people’s debt in South Africa wiped out – but it’s controversial She rises before the crack of dawn. Travelling long distances from her home in the suburb of Kraaifontein to her jobs in central Cape Town and other parts of the Mother City. Noloyiso… Continued

The National Credit Amendment Bill, signed into law by President Cyril Ramaphosa earlier this week, is not a mechanism to expunge debt for the over-indebted. Rather, it’s an instrument allowing the low-income market access to debt review at no cost. Once Gazetted, debt intervention will be accessible to a market that doesn’t qualify, or is… Continued

Here’s how the government bailouts of SOEs will affect consumers Durban – The bailouts from government to various state-owned enterprises (SOEs) will have a significant effect on consumers, according to Debt Rescue’s Neil Roets. The funds required from government for such bailouts are enormous. Eskom has been granted an additional bailout of R59billion, but without… Continued

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