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.
Motorists should brace for a significant increase in the price of fuel from the beginning of May, with mid-month data from the Department of Energy so far pointing to a petrol price hike of around 55 cents a litre, while diesel costs could increase by approximately 39 c/l. The fuel hikes will likely be the
Cape Town – A fuel price hike in May would have an immediate impact on the prices of virtually all goods and services, said Neil Roets, CEO of debt counselling firm Debt Rescue. The Automobile Association’s (AA) mid-month data issued on Tuesday is forecasting petrol to increase by up to 55 cents a litre in
Are you always left with too much month at the end of the money? If you are struggling to stretch your monthly income far enough to cover all of your expenses and debt, you are not alone. CLEVER COOK: Raise a little extra cash at the end of the month by making easy dishes to
Cape Town – The downgrade of South Africa’s sovereign debt rating to junk status by Standard and Poor’s is going to have a massive impact on deeply indebted South Africans, according to Neil Roets, CEO of debt management company Debt Rescue. S&P downgraded SA’s long-term foreign currency rating to sub-investment grade on Monday evening. The
If it was a big number you were looking for in Africa’s private equity world last week,Phatisa gave it to us. The private equity investor that terms itself a development equity fund manager launched the raise for Phatisa Food Fund 2, a successor fund to the African Agriculture Fund. The 10-year fund has already got
Debt Rescue says Jacob Zuma disregarded about 10 million South Africans who are over indebted. CAPE TOWN – Debt Rescue says President Jacob Zuma failed to keep in mind those who are struggling financially when he made his Cabinet reshuffle. The organisation has blamed Zuma for the recent credit downgrade, saying while he was making
There has been a substantial increase in financially distressed consumers applying for debt review in the past financial year. Neil Roets, CEO of debt counselling firm, Debt Rescue, said the company had shown a growth rate of well over 20% in the number of clients seeking debt counselling. Earlier this week, Capitec bank also reported
