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.
The repo rate increase’s domino effect will bring financial ruin to the majority of South Africans while over 20 million of them already go to bed hungry every day. It could not have come at a worse time either, with the war in Ukraine unleashing the biggest commodity shock the world has seen since 1973
By Hanlie Stadler Dis tyd om twee keer te dink voordat jy ’n cappuccino met jou kredietkaart koop of selfs op jou kaart petrol ingooi. “Ons gaan almal ons leefstyl moet aanpas om uit te kom met wat ons het,” waarsku Neil Roets, uitvoerende hoof van die skuldberadingsfirma Debt Rescue, in die lig van die
Dis tyd om twee keer te dink voordat jy ’n cappuccino met jou kredietkaart koop of selfs op jou kaart petrol ingooi “Ons sal almal ons leefstyl moet aanpas om uit te kom met wat ons het,” waarsku Neil Roets, uitvoerende hoof van die skuldberadingsfirma Debt Rescue, in die lig van die skerp styging wat
by Allison Jeftha A Fin24 reader who lost his job during the Covid-19 pandemic cannot repay his debts. Asking if it is possible to get a discount on the outstanding amount, he writes: I’m in the tourism sector in South Africa. I’ve lost all means of income because of the Covid-19 pandemic. I have two
By Given Majola LABOUR unions and debt firms are warning South African consumers to be very frugal with their spending as they face a “double whammy” of a massive fuel hike increase, which would result in higher food prices, and as the fallout of Russia’s invasion of Ukraine increases both costs. The Department of Mineral
By Vogashen Pillay The rise in fuel prices and increase in toll road tariffs that came into effect last week, along with the looming electricity price hike, will likely have a significant impact on most households. So say economists and a civil society organisation. Petrol, diesel and paraffin prices shot up last week. Both grades
By Ina Opperman The highest petrol price yet will increase prices of all goods, push up inflation and cause financial devastation for consumers. With 95-octane petrol costing to a staggering R21.60 per litre and 93-octane R21.35 this month, the future looks bleak for consumers who already live on their salaries month-to-month. Low-income consumers will also
By James Bradford The highest petrol price ever will increase prices of all goods, push up inflation and cause financial devastation for consumers. With 95 octane petrol costing a staggering R21.60 per litre and 93 octane R21.35 from today, the future looks bleak for consumers who already live on their salaries month-to-month. Low-income consumers will
By Philippa Larkin A STAGGERING 88 percent of South Africans can no longer afford basic goods and services in the face of ever-rising living costs, the latest survey conducted by Debt Rescue, released this week, found. This as Finance Minister Enoch Godongwana delivers his Budget today, walking the ever fraught tightrope of guiding South Africa’s
By Hanlie Stadler Op die vooraand van verskeie skerp verhogings- onder meer in die petrolprys en kragtariewe- gaan dit beroerd met Suid Afrikaners, n’ Peilinf wat die skuldberadingsmaatskappy Debt Rescue onder meer as 1300 Suid-Afrikaners gedoen het, toon 76% kan nie meer die stygende lewenskoste absobeer nie. 88% het reeds hul gebruik van basiese goedere
