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.
Do not overspend on panic-buying Debt Rescue CEO Neil Roets has warned consumers not to overspend on panic-buying items amid the outbreak of coronavirus in South Africa. President Cyril Ramaphosa announced a state of national disaster amid the growth in Covid-19 cases over the past two weeks. South Africa had 61 confirmed cases of coronavirus
Cancellations to hit pockets in showbiz As more and more events get cancelled and postponed, the public is starting to feel the effects of the coronavirus. After President Cyril Ramaphosa’s official declaration of a national disaster, the organisers of a number of major events have announced their cancellations. In light of the banning of large
Die Covid-19-pandemie is dalk net die spyker in die doodskis van die Suid-Afrikaanse ekonomie wat dit in ’n diep en langdurige resessie kan dompel. Vir skuldbelaaide Suid-Afrikaners hou die beperkende maatreëls wat ingestel is vir die bekamping van Covid-19 niks goeds in nie, waarsku Neil Roets, uitvoerende hoof van die skuldberadingsfirma Debt Rescue. Die ekonoom
“The average South African is worse off now than five years ago.” Durban – Unemployment is expected to worsen and already cash-strapped consumers will have to dig deeper into their pockets as South Africa’s economy went into a recession for the second time in two years. According to Statistics SA, load shedding was the number
LISTEN: Petrol and diesel price decreases bring relief to farmers, but for how long? CAPE TOWN – The latest drop in the fuel and diesel prices of 19c and 55c a litre, respectively, as a result of lower oil prices will provide relief for consumers, according to FNB Cash Investments chief executive Himal Parbhoo. Parbhoo
South Africa’s middle class is drowning in debt and getting poorer and poorer “Things aren’t looking good for our country. The forecast for economic growth is still below 1% and consumers are literally borrowing more just to survive,” says Clement Manyathela South Africa’s middle class is increasingly funding their lifestyles by way of unsecured debt
Moody’s rating next month is widely expected to be a downgrade to junk. Consumers must avoid falling into a debt trap “like the plague” as the possible downgrade of South Africa’s credit rating by Moody’s next month could undermine the December petrol decrease and the recent Reserve Bank repo rate reduction, experts said. Efficient Group’s
The highly controversial debt relief hill has pushed hope into the arms of over-indebted low-income earners and the unemployed. Nevertheless, consumers shouldn’t celebrate too soon. The bill may cause severe consequences for the working class… South African’s have been struggling for a while to keep their heads above water. With rising unemployment rates, the continuous
“Skuld moet dringend verminder.” Dit is Neil Roets, uitvoerende hoof van Debt Rescue, se ernstige waarskuwing aan Suid-Afrikaners nadat die kredietgraderingsagentskap Moody’s Investors Service Vrydag (01/11) besluit het om Suid-Afrika nog een heel laaste kans to gee as ‘n land op beleggingsgraad. Roets se verbruikers met skuld kan dalk saam met die land oor die
Volgens Debt Rescue moet verbruikers die volgende wenke wat werk gebruik om slaggate vermy: Nie beplan vir die toekoms nie. Een van die grootste foute wat verbruikers maak, is om nie te beplan nie. Jy moet ’n begrotingsplan opstel. Dit sal jou help om ’n prentjie te skets oor waar jy moet sny en hoeveel
