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/CAPE TOWN – As motorists prepare for record high fuel prices, there are warnings that more South Africans might be over-indebted. From midnight, a litre of petrol will cost 82 cents more while diesel is going up 85 cents. It’s the highest South Africans have ever paid for fuel. This time last year, motorists breathed
South Africans can expect a massive increase in the fuel price when they fill up at the pumps next week, thanks mainly to rising international oil prices. Brent crude oil traded at around $76 on Tuesday, having peaking above $80 earlier in the month, and with analysts noting that prices could head toward $100 a
Promoting financially fit employees is essential for the success of your business Employees’ personal financial difficulties take a huge toll on work performance and, ultimately, your business’ bottom line. Usually, when employees are stressed, they’re less likely to focus on their careers and need more time to resolve personal, legal and other issues that
Economist Dawie Roodt believes that the price of fuel in June will spike to its highest level ever. On Tuesday (15 May), the Automobile Association (AA) said that it South African fuel users are currently facing increases of 74 cents a litre for petrol, 81 cents for diesel, and 78 cents for paraffin commenting on
Durban – Independent economist says the re-imposition of sanctions by the United States of America against Iran is going to have a negative impact on South African consumers. Dawie Roodt, independent economist, said it was likely that the price of fuel in June could spike at its highest level ever. Roodt said he expects the
Economist Dawie Roodt believes that the price of fuel in June will spike to its highest level ever. On Tuesday (15 May), the Automobile Association (AA) said that it South African fuel users are currently facing increases of 74 cents a litre for petrol, 81 cents for diesel, and 78 cents for paraffin commenting on
3 REDIT cards and store cards have their conveniences. They enable you to buy items upfront that you can pay for all in one go at the end of the month. If this is how you are using such cards, a pat on the back for your financial discipline. The trouble sets in when you
Pick n Pay will avoid building “huge stores”, as consumers are becoming less inclined to do large weekly purchases, says chief executive Richard Brasher. Excluding its Zimbabwean operations, the retailer opened 124 net new stores in the year to February 25, adding 3.3%to its total space. None of these new stores was hypermarkets, while the
Pick n Pay has approved over R1 billion in credit to some 56,000 account holders since the launch of its store account in September last year. The retailer worked with RCS to design the account to be “the most affordable form of credit” – a monthly account where no interest is charged if the balance
Pick n Pay taken to task as claims emerge of Rlbn extended to unsuspecting, naive customers for groceries RETAILER Pick n Pay has come under fire for reportedly exploiting financially illiterate consumers in the wake of an announcement by the retailer it has approved and granted at least R1bn credit facilities to consumers. Debt Rescue
