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 Edward West The prediction of stabler international oil prices – which underpin local fuel prices – comes as many have decried the significance of the small R1.78 per litre cut in the petrol price from last Wednesday, as “too little too late” for struggling South African consumers. FUEL prices in South Africa are likely
By Ashley Lechman There are concerns about what the finance minister’s spending cuts and tax increases will mean for the country’s stability and, more importantly, the economic stability of citizens already buckling under the weight of the unsustainable cost of living. AS MANY South Africans run out of money before their next pay cheque, it
By Ina Opperman Just like consumers have to tighten their spending during the cost-of-living crisis, government has to cut spending in the MTBPS. Wednesday’s MTBPS will affect South African households as government’s austerity measures designed to get the country out of its debt spiral will have severe consequences regarding the delivery of crucial public services.
In 2021, Black Friday was reported as having outperformed Christmas sales while in 2022, a staggering 74 percent of South African consumers were reported as having plans to shop on Black Friday. According to Fastway Couriers’ 2022 records, Black Friday-related deliveries yielded a 32 percent increase between October and November, and a 66 percent increase for November
Debt Rescue lists eight common expenses that can easily drain your wallet every month and provides tips on how to stay on top of them to ensure your budget stretches as far as possible. When it comes to managing finances, it‘s important to take a closer look at our day-to-day expenses. While big purchases like
By Miriam Matoma Saving money is challenging for many people, especially when the cost of living is on the rise. Considering this, Debt Rescue complied a whopping 100 ways in which you can save an extra rand here and there to help you save more. Saving money when funds are tight can be challenging, but
By Philippa Larkin South Africa has a robust agriculture sector, but the horrifying picture that emerged this week is that millions of South Africans face hunger as households struggle to feed their families amid a cost-of-living crisis, and a shortage of eggs due to avian influenza could be the straw that breaks the camel’s back.
By Nathaniel Lee Parents struggle to keep up with fees while students are affected mentally South Africans are bracing themselves for tough economic times ahead as the rising cost of inflation continues to pummel household incomes. Those in the know inform us that it is going to get worse. Price hikes in food, petrol and
By Ashley Lechman Earlier this week, the Department of Mineral Resources and Energy (DMRE) announced a third consecutive jump in the price of petrol, which took the price of all petrol grades above the R25 mark. Picture: Motshwari Mofokeng, African News Agency (ANA). As the festive season fast approaches, many South Africans will be feeling
By Bongani Mdakane Retailers are not dropping their prices in line with lower inflation, says Debt Rescue CEO Neil Roets Grocery prices should have fallen in line South African Reserve Bank governor Lesetja Kganyago and the bank’s monetary policy committee have elected to hold rates in a tight vote last Thursday to keep the repo
