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.
Expect another petrol price hike in April Motorists can expect a big petrol price hike in April, due to rising global oil price, a weaker rand and the introduction of new fuel taxes. According to the latest data from the Central Energy Fund (26 March), South African motorists should anticipate a hike at the pumps
FUEL: Price increase to affect the poor most Already cash strapped consumers will have to dig deeper into their pockets as petrol, diesel and illuminating paraffin are set to increase by 74c, 91c – 93c and 76c respectively at midnight tonight. This, coupled with the carbon tax (9c a litre from June 1) and other
KICK IN: Hikes in fuel price, levies and tolls Debt Rescue is gearing up for one of the busiest periods in its history – CEO. Consumers, already up to their necks in debt, are in for another shock over the next few months. Petrol has risen 74c a litre, while diesel has spiked 91 to
More belt-tightening for consumers Already cash-strapped consumers will have to dig deeper into their pockets as petrol, diesel and illuminating paraffin are set to increase by 75c, 93c and 76c respectively at midnight. This, coupled with the carbon tax (9c a litre), which comes into effect on June 1, is expected to add another 30c
South African consumers, already up to their necks in debt, are in for another shock over the next few months. This is according to financial experts. On Wednesday, the 6 of March, petrol is set to rise by 74 cents a litre, while diesel will increase by 91 cents a litre. In addition to the
With Eskom more that R420-million in debt and municipalities owing a further R27-billion to the effectively bankrupt state-owned enterprise, deeply indebted consumers in South Africa are going to feel the pain as an increasingly distressed fiscus is trying to stop the wheels coming off. Efficient Group chief economist Dawie Roodt warned that there was a
Here’re the challenges faced by deeply indebted consumers With Eskom more than R420-million in debt and municipalities owing a further R27-billion to the effectively bankrupt state-owned enterprise, deeply indebted consumers in South Africa are going to feel the pain as an increasingly distressed fiscus is trying to stop the wheels from coming off. Efficient Group
Prescribed debt Debt expert Neil Roets answers questions about prescribed debt posted on Fin24. Read the question and answer below. Question “Who do I contact to remove prescribed debt? The credit bureaus, a lawyer or the creditor? Expert answer Afternoon, Thank you for allowing me to assist with your question. You’re faced with quite a
Hanlie Stadler – Selfs al daal die petrolprys vandag met ’n stewige R1,23 per liter (en diesel met R1,55), gaan 2019 allermins ’n maklike jaar vir verbruikers wees. Stygende kospryse en algemene inflasie, stygende werkloosheid en bes moontlik ook ’n styging in die rentekoers sal die druk op verbruikers volhou. Heelparty uitgawes word ook in
Suid-Afrika het meer as 25 miljoen krediet-aktiewe verbruikers en die totale aantal uitstaande skuld van verbruikers is ongeveer R1,8 miljard. Dit is volgens statistiek van die skuldberadingsmaatskappy Debt Rescue. Neil Roets, Debt Rescue se bestuurshoof, sê die groei in krediet is kommerwekkend omdat al hoe meer Suid-Afrikaners in ʼn skuldstrik vasgevang word. Hy wys daarop
