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.
The conflict taking place in the Middle East between Iran, Israel and the US has placed global oil markets in turmoil and in South Africa, the effects are already being felt by consumers, with a lot worse to come. Already, airlines such as FlySafair and SAA have increased ticket prices for customers to contend with
South Africa’s latest GDP figures tell a story of modest progressand deep-rooted structural failure. The economy grew by 0.4% in the fourth quarter of 2025, bringing annual growth to 1.1%. That’s better than last year’s meagre 0.5% . But it’s nowhere near enough. The Household Reality Neil Roets, CEO of Debt Rescue, said the figures
South Africa’s latest Gross Domestic Product (GDP) figures released this morning present a picture of a fragile economic recovery. Despite a modest increase of 0.4% in the fourth quarter of 2025, the overall growth for the year has reached just 1.1%, a figure that remains insufficient to address the country’s pressing challenges of poverty and
As South Africa prepares for an unprecedented petrol price increase in April, financial strain on consumers is set to reach critical levels. This comes as the Central Energy Fund’s latest data showed some worrying data for motorists with a fuel price increase in the next month, possibly being the the largest monthly fuel price increase
As the conflict between Iran, the Unites States of America and Israel continues to send shockwaves across global markets and driving oil prices higher, closer to home the geo political tensions spells disaster for South African consumers. Neil Roets, CEO of Debt Rescue said that while a 20 cent increase in petrol and the sharper
Credit as a Tool versus a Trap For too many South Africans, credit has shifted from being a tool of opportunity to a survival mechanism, with millions of people taking out credit or taking on loans just to manage day-to-day living costs rather than to invest or grow wealth. The reasons are not hard to
Escalating tensions in the Middle East are raising fresh concerns for South Africa’s economy, with analysts warning that higher oil prices and a weakening rand could push inflation higher and delay long-anticipated interest rate cuts. Global markets have reacted sharply as geopolitical tensions involving Iran, Israel and the United States intensified, sending oil prices climbing
The latest fuel price increase could not have come at a worse time for South African consumers according to Neil Roets, CEO of Debt Rescue. Roets explained that while a 20 cent increase in petrol and the sharper rise in diesel may appear modest on paper, the knock-on effect across the economy will be significant.
The 2026 Budget Speech delivered by Finance Minister Enoch Godongwana has created ripples across South African households, heralding some unexpected good news while simultaneously serving as a firm reminder of ongoing economic challenges. As consumers grapple with an ever-increasing cost of living, the Budget revealed a dynamic landscape of fiscal adjustments that will impact their
In the wake of the National Budget Speech address, South Africa grapples with a fiscal landscape that, while stabilising, provides scant immediate relief for households buckling under the weight of soaring living costs. Amidst reports of rampant food inflation, rising electricity tariffs and increased transport costs, many citizens find themselves ensnared in a web of
