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.
Johannesburg – Monday’s intervention by the Energy Department to keep fuel prices unchanged for September, except for 4.9 cents a litre on petrol to cover a previously agreed pay rise for forecourt workers, will come back to haunt motorists over the next few months, says economist Dawie Roodt. “There’s a set formula,” he explained, “that
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
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
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
Terwyl verbruikers nog steier onder die brandstof prys verhoging van 260per liter vir 95-oktaan-petrol en 24c per liter vir diesel, is daar reeds sprake van nog ‘n verhoging van sowat 25¢per liter in Augustus. Neil Roets, uitvoerende hoof van Debt Rescue, sé maandelikse prys skokke raak moeilik vir verbruikers. “Meer as die helfte van verbruikers
Cape Town – 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 increased by 7.7% while books and stationery have gone up by 7.2%. Water and other services
MORE steep petrol prices could be in store for motorists next month, while road users woke up to record-breaking fuel prices today. This was the view of experts yesterday when they predicted a further 25¢hike next month. Efficient Group economist Dawie Roodt predicted a 25¢ increase for August, adding that this could be greater if
Just when you thought it couldn’t get any worse, the petrol price is expected to increase next month… again. On Wednesday, South African’s will be paying a higher petrol price than ever before. The Department of Energy announced a price hike of 26c and 23c on a litre of 93 and 95-grade petrol respectively. As
Consumers will be faced with higher travelling costs and the possibility of food price inflation as a result of the fuel price hikes which came into effect at midnight of Tuesday, economists have warned. The inland price for a litre of 95 octane unleaded petrol will cost R16.02 from Wednesday. The coastal price will be
MORE stiflingly steep petrol prices could be in store for motorists – hit by record-breaking fuel prices today – next month. This was the view of experts, who yesterday predicted more pain for road users in August. Efficient Group economist Dawie Roodt predicted a 25c increase for August, adding that the increase could be greater
