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 The repo rate has been increased by 75 basis points (BPS) to 5.5%, the steepest hike since September 2002. Many economists believed it would be increased by 50 basis points, in line with the last few hikes, but it seems after the high inflation rate increase, it had to happen. The banks’
Ekonome weeg in oor wat kan oorlê By Hanlie Stadler Die Reserwebank is vasgevang tussen verskillende draaikolke, maar kritiek op die sentrale bank dat hoër rentekoerse die ekonomie gaan knou, is volgens ekonome misplaas. Die werklike sondaar wat ekonomiese groei kniehalter, is nie hoer rentekoerse nie, maar “Eskom se onvermoë om volhoubaar krag op te
A good credit score is really not negotiable, as it can help you reach your goals by potentially lowering costs for borrowing money. We all need credit to buy a house or a car, and without a good credit score the bank will not even look at you. The bank takes a risk when it
A good credit score is really not negotiable, as it can help you reach your goals by potentially lowering costs for borrowing money. By Ina Opperman Does a good credit score really matter? The answer is definitely yes. We all need credit to buy a house or a car, and without a good credit score
Nou is die tyd om ’n paar veranderinge aan te bring By Nellie Brand-Jonker Stygende voedselpty’se, ‘n brandstofprys sonder brieke en rentekoerse wat nou elke twee maande verhoog word, dra by tot die geldknyp wat huishoudings al hoe meer voel. Petrol is 27% duurder as ‘n jaar gelede. “Die brandstofprysstygings het ‘n groot impak op
NOT JUST A NUMBER: DETERMINES IF A BANK WILL GIVE A LOAN AND THE INTEREST CHARGED By Ina Opperman Does a good credit score really matter? The answer is yes, definitely. We all need credit to buy a house or a car and without a good credit score the bank will not even look at
Durban – Forty percent of consumers in South Africa say they have too much debt that they cannot cope with, while the same number of people also have impaired credit records, according to a Debt Rescue survey. In the survey, 68% of South Africans also said they don’t have any money left at the end
By Gcinokuhle Malinga South Africans prepare for another shock to their wallets. a debt management group’s raised serious concern about the rising cost of living. Debt Rescue’s Neil Roets says the fuel hike announcement is a devastating blow to consumers. “Salaries are not going up in line with the fuel price hike and to top it
By Adèle Sulcas While food prices soar and millions of people in South Africa continue to go hungry, the government is dragging its feet on a plan to meet the constitutional right of all citizens to have access to sufficient nutritious, safe and affordable food, and to ensure food security. Maverick Citizen investigates what’s happening
By Yogashen Pillay Durban – Experts have warned consumers to prepare for another steep fuel price increase next week. The AA has warned that consumers could expect an increase of about R2 for the prices of petrol and diesel. Layton Beard, AA spokesperson, said unaudited fuel price data from the Central Energy Fund showed a
