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.
As we navigate the second quarter of 2026, the financial landscape for South African households remains precarious. Recent industry data indicates that applications for debt counselling have seen a sharp upward trajectory compared to early 2025, reflecting a systemic shift where debt is affecting consumers from all income groups. According to Debt Rescue’s own data,
2026 has been a tumultuous year economically, with major fuel price and electricity tariff increases headlining the list of challenges South Africans face. Many South Africans are taking out bad debt to manage their financial difficulties – but this is digging them deeper into their financial hole. “We are seeing more people relying on debt
Neil Roets, Chief Executive Officer of Debt Rescue, warned that the increase signals “imminent disaster” for South African households already under financial strain. “The reality is that the latest petrol price disaster exposes the extent of a far deeper cost-of-living crisis, driven by the fuel price increases, higher electricity and water tariffs and ongoing food
May fuel increases threaten to push living costs higher in Johannesburg South African consumers are facing another round of price pressure in May as fuel costs are expected to rise, worsening an already strained cost-of-living environment and adding to food inflation. Voices from business and civil society Neil Roets, CEO of Debt Rescue, warned of
The latest price hikes are being placed firmly at the door of the ongoing Middle East conflict, and more specifically, the economic carnage being inflicted daily by the Strait of Hormuz staying closed. “Regardless of the global headwinds that are causing oil prices to skyrocket, South Africans are caught between a rock and a hard
Neil Roets, chief executive officer of Debt Rescue, warned that the increase signals “imminent disaster” for South African households already under financial strain. “The reality is that the latest petrol price disaster exposes the extent of a far deeper cost-of-living crisis, driven by the fuel price increases, higher electricity and water tariffs, and ongoing food
Neil Roets, CEO of Debt Rescue said that consumers are facing an increasingly untenable financial reality and the latest fuel price increases have significantly intensified that pressure. Roets said, “Consumers have already adjusted their behaviour in response to earlier increases. Many are driving less, reducing trips, and cutting back wherever possible. However, there is a
Debt Rescue CEO, Neil Roets said that another fuel price increase in May should be treated as a red alert for South Africa. “Asking consumers to once again “brace” for impact issimply not realistic. Most households have already run out of room to adjust their budgets.They are hanging on by a very thin thread,” Roets
According to Neil Roets, CEO of Debt Rescue, South Africans have valiantly attempted to weather the storm of escalating costs over the past five years. However, “their wells have all but run dry.” Roets said South Africa could be heading for a sharp rise in inflation as fuel prices climb, with diesel prices expected to
According to Neil Roets, CEO of Debt Rescue, South Africans have valiantly attempted to weather the storm of escalating costs over the past five years. However, “their wells have all but run dry,” he said. Roodt said, “South Africa could be heading for a sharp rise in inflation as fuel prices climb, with diesel prices
