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.
Landsburgers wat uitgesien het na hul einde-van-jaar-vakansie weg van die huis af, sal dit nou moet bedink en uitwerk of hul begroting enige soort padreis hoegenaamd kan akkommodeer, aangesien brandstofpryse bly styg,” wys Neil Roets HUB van Debt Rescue uit. “Met owerhede wat meer brandstofprysstygings in die komende maande voorspel – vernietig dit enige hoop
By Ina Opperman The latest fuel price increase has destroyed any hope cash-strapped consumers had of going anywhere in December. The incessant fuel price increases will force millions of South Africans to stay home this summer and cancel any road trips they had planned. The third consecutive increase in the fuel price has pushed the
By Ina Opperman The high rate of credit application rejections and defaults show how much consumers are battling amid the cost of living crisis. The latest data from the National Credit Regulator shows a ‘staggering rate’ for credit application rejections and defaults. The rejection rate for credit applications in the second quarter of the year
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
The recent shrinking economy has had the worst impact on households and businesses over the last 18 months. The consequences have been dire for many South Africans, and other contributing causes are the continual load shedding and taxi strikes, which can potentially become violent events. The ongoing increase in the price of petrol and diesel
Geskryf deur Hanlie Stadler Verligting vir mense met skuld is nie die Reserwebank se eerste prioriteit nie, wel om inflasie te probeer bedwing. Pleidooie dat die rentekoers verlaag word om mense met skuld ’n effense blaaskans te gee, gaan nog lank op dowe ore val. Sommige ekonome lees tussen die lyne van Donderdag se rentekoersaankondiging
Written by Ina Opperman Poor consumers with no access to formal credit rely on loan sharks to feed their families and end up in a never-ending debt spiral. You will find at least one loan shark in every poor community in South Africa, where they prey on people who have no access to banks and
Written By Ina Opperman The Reserve Bank’s decision to leave the repo rate unchanged at 8.25% was met with relief by many consumers. The unchanged repo rate gives retailers less of an “excuse” to hike food prices while consumers buckle under a crushing financial load as they profit. “It is concerning that our food retailers
Written by Cheryl Kahla Here’s your morning news update: An easy-to-read selection of our top stories. News today includes Pravin Gordhan rejecting recommendations from Eskom’s board to replace former CEO Andre de Ruyter. Meanwhile, the repo rate will remain at its current level, giving retailers less of an “excuse” to hike food prices, and SABC to get another bailout.
Shock survey results show an increasing number of South Africans now fear retirement more than death. Here’s why. BUSINESS NEWS – South Africans fear retirement more than death, according to a new survey where 40% of participants indicated that retiring is a more terrifying prospect for them than passing on. The Debt Rescue survey, conducted
