In The Press

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.

Daily News

Petrol price hike ‘foreshadows more economic shocks’

CASH-Strapped consumers will have to dig deeper into their packets with the rise in petrol, diesel, and illuminating paraffin prices, and experts have warned that the hikes foreshadow further shocks to the economy

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Bleak forecast for 2021

SOUTH African consumers are financially stressed and defaulting on their debt repayments due to retrenchments and the situation is likely to worsen before it improves despite anticipated economic growth in 2021.

0 minutes, 9 seconds

Consumers, retailers face a tough 2021 as personal debt spirals

Durban – SOUTH African consumers are financially stressed and defaulting on their debt repayments due to retrenchments, and the situation is likely to worsen before it improves despite anticipated economic growth in 2021. Economists and debt counsellors yesterday said many consumers were struggling to repay their debts as credit providers now aggressively pursue collections following

3 minutes, 14 seconds
young couple experiencing the signs of financial stress seeking help for financial relief

CONSUMERS STRUGGLE TO REPAY DEBT

SOUTH African consumers are financially stressed and defaulting on their debt repayments due to retrenchments and the situation is likely to worsen before it improves despite anticipated economic growth next year.

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Cheaper Petrol In December “A Temporary Relief”

Economist Dawie Roodt has warned that the anticipated fall in the petrol price later this week is likely to be a temporary relief and that consumers should not count on it lasting much beyond the New Year. “The current low price is primarily due to a temporary strength in the rand, which is expected to

2 minutes, 6 seconds

Swart Vrydag: Skuld, Covid-19 skrik min af

Nog die Verhoodge risiko dat hulle Covid-19 kan opdoen nog die fiet dat hulle nie geld het nie, gaan Suid-Afrikaners verhinder om die Swart Vrydag winskopies te jag.

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Black Friday: Debt experts’ warnings likely to fall on deaf ears

As the Black Friday marketing machine moves into high gear in the run up to the traditional end of year sale, warnings to over-indebted South Africans to resist the lure of the so-called bargain buy are likely to fall on deaf ears according to a recent survey by Debt Rescue, one of South Africa’s largest

2 minutes, 56 seconds

Petrol, Diesel prices set to drop

The firmer rand and softer international petroleum prices will see the prices of petrol drop by 27 cents from today.

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Bitter Pill For Taxpayers To Swallow

“BUILDING castles in the sky.” need privatisation, labour market base isn’t there and we have to fund “Rearranging the deck chairs of the regulation. We always have new it through loans. If you need to Titanic.” “Sacrificing our future, plans, Just implement them.” health and safety

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credit cards maxed out stacked on one another
Financial Mail

Debt Stalks SA

In spite of the huge number of Covid-related job losses and resulting failute of thousands of South Africans to keep up with their credit payments, the big banks are looking remarkably steady.

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