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.
SOUTH Africans should prepare themselves for the biggest price hike ever in the cost of red meat. In a statement, economist Dawie Roodt said prices of red meat would rise between 50% and 60%. “The prolonged drought and the increased prices of maize, which is the staple food for fattening beef, are the major contributors,”
EXPERTS have warned consumers to dig deeper into their pockets as the price of essential food items are set to increase. The price of red meat is expected to increase by more than 50% due to several factors, including drought. The expected increase will leave many consumers struggling as food, electricity, interest rates and others
Johannesburg – Consumers are coming under increasing pressure as take-home pay starts to slow and food and fuel prices pressure inflation. This comes as more and more people are indebt, and growth in take-home salaries is slowing. The latest BankservAfrica Disposable Salaries Index (BDSI) shows that the growth in disposable salaries continues to slow, and
South African consumers have been urged to budget strictly and prepare for a major hike in food prices and another petrol price increase with the country still in the grips of a crippling drought. Economists are predicting at least a 50 percent hike on the price of red meat because of the drought and an
THERE’S could be a sigh of relief from struggling South African consumers as there are signs that upward pressure on food prices could be starting to ease, but some experts argue lower prices will not happen any time soon. The severest drought in 30 years has been pushing prices of everything up, especially food, making
TOUGH times lie ahead for hard-pressed South African consumers as fuel and electricity prices kick in this month. The Department of Energy on Friday announced increases in fuel prices, with effect from Wednesday. Petrol 95 and 93 will rise by 88c a litre and 86c a litre, respectively Diesel 0.05 percent and 0.005 percent would
Cape Town – April 1 is usually a time for tomfoolery as many accept the odd joke or two at their own expense, all in the name of good fun. But come Friday, the economy will be playing the biggest joke of all and South Africans won’t be laughing this time around. Here are 10
THE fuel price is expected to increase by 83 cents a litre for petrol and 95 cents for diesel in April. The Automobile Association (AA) made the prediction yesterday, citing the rising oil price and an increase in the fuel levy of 30 cents. “Although the rand/US dollar exchange rate has firmed in the rand’s
Johannesburg – Tough times lie ahead for hard-pressed South African consumers as fuel and electricity prices kick in this month. The Department of Energy on Friday announced increases in fuel prices, with effect from Wednesday. Petrol 95 and 93 will rise by 88c a litre and 86c a litre, respectively. Diesel 0.05 percent and 0.005
Huge increase in taxes and tariffs means South African consumers face uphill task to make ends meet WHEN workers opened their payslips at the end of last month, many of them had a nasty shock. The new tax rates came into effect on March 1 and many workers found their tax deductions had increased at
