Rapport


The industry’s top experts offer their best advice, research, how-to’s, and insights

Die ANC se Kredietwysigingswet – wat banke dwing om die skuld van sommige armes of te skryf – gaan uiteindelik miljoene behoeftiges in die arms van gewetenlose township-milupuideners dryf. Kenners bereken dat char sowat 9,5 miljoen mense in die land is wat minder as R7 500 per maand verdien en ongesekureerde skuld van minder as R50… Continued

As South Africans adjust to living in a country in the midst of a technical recession, the National Credit Regulator (NCR) has urged the public to make use of debt counselling services. In a statement released on Tuesday (11 September), the regulator called on more South Africans to make use of its registered debt counsellors.… Continued

Durban – Experts predict that whatever relief consumers got from government keeping down the September fuel price increase is going to be wiped out with a whopping R1.20 – to R1.30 per litre increase in October… and yet further increases are expected in November and December. With fuel prices currently at R15.86 a litre, such… Continued

Mid-month unaudited data from the Central Energy Fund (CEF) is predicting the biggest fuel price hike in South Africa’s history by some margin, says the Automobile Association (AA). “A spike in international oil prices and a huge swing in the Rand/US dollar exchange rate have combined to predict a knockout blow at the pumps at… Continued

The fact that the gov­ern­ment has by ar­ti­fi­cial means sup­ported the fuel price to keep it well be­low the 23c-25c a litre that had been ex­pected will come back to haunt con­sumers in months to come says econ­o­mist Dawie Roodt. “There is a set for­mula that the en­ergy depart­ment and econ­o­mists use to cal­cu­late the… Continued

Government’s petrol price intervention Government’s petrol price intervention could mean even higher prices in October and beyond: Dawie Roodt Government’s ‘artificial’ support for the fuel price, to counter the 23-25 cents a litre increase that had been expected, will come back to haunt consumers in months to come, says economist Dawie Roodt. The department of… Continued

Despite the loss of another 105,000 jobs in the second quarter of 2018, and the fact that Reserve Bank governor Lesetja Kganyago admitted that the current economic growth trajectory remained too low to tackle South Africa’s unemployment crisis, the government seems hell-bent in continuing with legislation to write off the debts of certain groups of debtors.… Continued

THE rise in the cost of living is fast outstripping consumers’ incomes. According to Statistics SA (StatsSA), fuel and the price of meat has increased by 9% compared to last year. Primary and secondary education has in creased by 7.7%while books and stationery have gone up by 7.2%. Water and other services have gone up by 7.2%, while… Continued

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