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.
Saving can be difficult under the current economic climate, it requires on-going commitment to your savings plan, every day, week, month and year. According to Debt Rescue, South African households have a savings rate of only 1.1%. The debt management firm says that the trick is to stop thinking of saving as a nice-to-have and
The price of fuel is expected to drop next month, holding out the promise of relief for consumers. The petrol price will likely drop by up to 83 cents a litre, the diesel price is estimated to drop by 45 cents a litre and illuminating paraffin will cost 42 cents less for a litre. This
Rand price of oil has fallen nearly 15% since recent peak in May CONSUMERS could benefit from the stronger rand with the price of fuel set to drop significantly next month. However, this could be offset by other inflationary costs, say experts. Petrol is expected to drop by about 8 Oc/1 and diesel by about
The drop in employment with the economy shedding 15 000 jobs in the private sector was a harbinger of things to come and consumers should expect further shocks in the months to come. Neil Roets, CEO of Debt Rescue, said all indications were that consumers were going to face a dark future with more jobs
The Brexit referendum result has divided a nation, stunned the world and left the UK with a leadership vacuum It was a gamble he never thought he’d lose. But British prime minister David Cameron did lose – and less than 24 hours later he was out of a job, his country was in turmoil and
BANINGI abashaqekile ngesinqumo sabantu baseBritain sokuphuma kwi-European Union. Izazi zezomnotho ezikhulume neSolezwe zikubeke kwacaca ukuthi bezingalindele ukuthi abantu baseBritain bazovotela ukuphuma kwi-European Union (EU) ngenxa yokuthi kuningi okuzuzwa ngamazwe angaphansi kwe-EU, okungumfelandawonye wezohwebo nepolitiki wamazwe angu-28 ikakhulukazi akhele leliya zwekazi. I-Britain yakhiwe yi-England, Scotland, Wales neNorthern Ireland kanti ngoLwesine oludlule abantu abahlala kula mazwe banqume
Levels of household debt in Gauteng have escalated over the past two years, the latest Gauteng City-Region Observatory (GCRO) Quality of Life Survey reveals Gauteng residents are finding it harder to save and household consumer debt has risen 10% since 2013, with 40% of survey respondents indicating that they hold some form of debt. “Households
The latest Gauteng City-Region Observatory (GCRO) Quality of Life Survey shows that levels of household debt in the province have spiked significantly since 2013 Gauteng residents are finding it harder to save and household consumer debt has risen 10% since 2013, with 40% of survey respondents indicating that they hold some form of debt. “Households
Cape Town – Brexit does not bode well for SA consumers who are already heavily in debt and SA is on the eve of a perfect storm, which is going to affect everybody – especially the poorest of the poor, who spend more than 50% on food” cautioned Neil Roets, CEO of debt management firm
