Times Live


The industry’s top experts offer their best advice, research, how-to’s, and insights

JAN BORNMAN AFTER a long December of overspending and poor money planning, people desperately short of cash will once again be beating a path to the doors of pawnbrokers and second-hand shops. Debt rescue service providers said they saw a “dramatic” increase in the number of people requesting help at this time of year. Tom… Continued

After a long December holiday of over-spending and poor planning‚ pawn-shop and second-hand dealers are expecting an influx of people desperately short of cash in January. Meanwhile‚ debt rescue service providers say they see a “dramatic” increase in the number of people requesting their help at this time of year. Tom Fuhri‚ CEO of the… Continued

The Chamber of Mines says it is deeply concerned about the state of public institutions in South Africa and will raise the matter with the Presidency. The chamber of mines noted with concern the announcement by the National Prosecuting Authority (NPA) of its decision to charge the Minister of Finance‚ Pravin Gordhan‚ in relation to… Continued

The decision to drag Finance Minister Pravin Gordhan to court will have directly impact on the poorest of the poor and on the millions of deeply indebted South Africans consumers‚ according to Neil Roets‚ CEO of debt management company Debt Rescue. He said the fact that the government had decided to go ahead with legal… Continued

It is widely expected that consumers should prepare themselves for a rise in the Consumer Price Index (CPI) thanks to the weak rand and a slew of price increases especially in the food sector where the ongoing drought has played a major role. Paving the way for higher prices across the board, hard-pressed consumers should… Continued

A widely expected rate hike by the South African Reserve Bank (Sarb) on Thursday is going to have a devastating impact on consumers, Debt Rescue CEO Neil Roets told Fin24. He said all indications are that Sarb will increase the repo rate by 0.5%. This comes on top of a proposed 8% hike in electricity… Continued

The year 2016 holds a dire outlook for consumers, debt experts warned. Referring to building cost pressures on severely strained consumers, DebtSafe MD Wikus Olivier told Fin24 their only means of survival will be to adopt and cultivate a simpler lifestyle. Over and above the usual factors that impact consumers’ pockets, such as the fuel… Continued

JOHANNESBURG – South Africans are headed into the new year with a debt hangover that’s going to pound their heads far worse than any babbalas headache. And it’s not going to get better. Experts are warning that 2016 will be extremely tough on the pocket and that consumer debt is in a state of crisis.… Continued

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