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.
Results from a recent survey conducted by Debt Rescue reflect the desperate financial situation most South Africans find themselves in as the year draws to a close, with a staggering 84% of consumers stating that they will be bargain-hunting for everyday necessities like food and toiletries over the Black Friday retail event. 56% will be
By Megan van den Heeve Black Friday, or Black November for that matter, has been widely advertised as the shopping extravaganza of the year… This year, Black Friday falls on 25 November 2022 – payday for many! And with Covid-19 restrictions like social distancing, mask-wearing, and the number of people restricted in stores completely abolished
By Yogashen Pillay As a result of interest rate hikes over the course of this year, homeowners have seen the prime lending rate rise from 7.5% in January to its current 9.75%. HOMEOWNERS may soon have to fork out even more on their bond repayments as economists forecast yet another interest rate increase later this
Top economists have predicted further fuel hikes towards the end of the year, meaning holiday travel will see elevated costs for many consumers in South Africa. The big jump in prices for both petrol and diesel, with both 93 and 95 octane petrol increasing by 51c/litre and diesel by R1.43/l, means that motorists are most
The announcement by the Department of Mineral Resources and Energy of the November fuel price adjustments is very bad news for South Africans ahead of the fast-approaching festive season. The big jump in prices for both petrol and diesel, with both 93 and 95 octane petrol increasing by 51 cents per litre and diesel by
By: Ina Opperman The price of the monthly food basket has decreased, but people can still not afford enough nutritious food for their families. Key data from the October 2022 Household Affordability Index show that the latest food basket price is marginally cheaper, but consumers still go hungry as food prices put nutritious food, especially
By Hanlie Stadler Baie Suid-Afrikaners kan reeds nie genoeg kos bekostig nie; beurtkrag vererger hul nood.Beurtkrag is besig om Suid-Afrikaners baie duur te staan te kom. In ’n onlangse peiling deur Debt Rescue het ’n skokkende 93% van die respondente gesêhulle moes al kos weggooi wat bederf het terwyl yskaste afgeskakel was.Daarby moes 38% al
Given Majola A WHOPPING 93% of South Africans say they have been forced to throw away food which spoiled in the refrigerators amid load shedding, while 38% have had to replace their fridge due to power outages, according to the results of the latest survey conducted by Debt Rescue. The survey – which paints a
South African motorists filling up with petrol from Wednesday (5 October) will enjoy a much-needed breather, as petrol prices have come down for the third consecutive month. The latest fuel price adjustment from the Department of Energy will see petrol prices come down between 89 cents and R1.02 per litre, for 93 and 95 petrol,
Publish Date: 7 October 2022 Written By: Siphelele Dludla published in the Cape Times – Business Report The price of petrol in South Africa could remain above R20 a litre for a prolonged period as the global oil supply is set to contract by a significant margin in November. This comes as Opec and its
