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.
With shopping malls expected to be filled to the brim this December, many people are about to splurge on Christmas shopping, plunging themselves into debt by purchasing expensive gifts for loved ones. According to Neil Roets, chief executive of Debt Rescue, January and February is usually the busiest period for the debt management company. “We
Roets also urged consumers to rather save their Christmas bonus and use it to pay school fees and other accounts. The drop in fuel price that comes into effect at midnight on Tuesday and recent decisions by the three main sovereign rating agencies not to downgrade South Africa to junk status is all Christmas cheer,
The drop in fuel price that comes into effect at midnight tonight and recent decisions by the three main sovereign rating agencies not to downgrade South Africa to junk status is all Christmas cheer, but an economist warns consumers against opening their purses too wide this festive season. The price of petrol will drop by
DONALD Trump is the new president of the United States of America – the 45th one. Who would have thought? Well, apparently the Americans did and voted accordingly for the Republican candidate, resulting in a surprise defeat for the Democrats’ Hillary Clinton. It is difficult to imagine America evolving from the figure of Barack Obama,
South Africa can breathe a sigh of relief after receiving a reprieve from credit rating agency Standard & Poor’s Global Ratings late yesterday. The agency held the country’s foreign currency sovereign credit rating at BBB-, the lowest investment-grade rating, and kept its outlook negative. It was the last of the big three agencies to make
Downgrade can reduce consumers’ disposable income A RATINGS downgrade to “junk status” by agencies could spell bad news for South African consumers, say experts. . Clif Johnston, vice-chairman of the South African National Consumer Union (Sancu) said while South Africa was still waiting for the Standard and Poor’s (S&P) rating, the outcomes so far from
Durban – Retailers are ratcheting up their marketing campaigns while shoppers prepare to shop like there’s no tomorrow – on Black Friday. But consumers have been warned not to fall casualty to the discount war and, in the hysteria, get stuck with goods they neither need nor can afford. Like many of the world’s most
The surprise victory by Donald Trump in the US presidential race could have negative consequences for indebted South African consumers. Trump’s uncertain policy stance will upset the establishment in Washington to the point that nobody knows exactly which direction he will follow, said Debt Rescue CEO Neil Roets in a statement on Wednesday. Roets said
Businessman and Republican candidate Donald Trump shocked the world when he won the race to the White House. It was a shock because just yesterday pollsters predicted a Clinton win, but looking back now we shouldn’t have trusted them as their Brexit forecasts also went horribly wrong. But clearly forecasters underestimated the ire among those
DONALD Trump was die absurdste “grap-naam” waaraan ons kon dink. Só het Matt Groening, skepper van die Amerikaanse TV-animasiereeks The Simpsons, vroeër vanjaar in ’n onderhoud met die Britse koerant The Guardian gesê. Dit was in reaksie op ’n vraag oor ’n episode waarin 16 jaar gelede voorspel is Trump sal eendag die president van
