CAPE TOWN – This is the season to be jolly but it’s also the season to fall into a debt trap. Festive season spending fever will go into overdrive with Black Friday this week. While some will be hunting for bargains, many will be plunging themselves into debt by needlessly splurging. One of South Africa’s… Continued
South Africa is in its first technical recession in nine years. Stats SA announced on Tuesday that the country’s real gross domestic product contracted by 0.7% in the second quarter of 2018. This follows a revised fall of 2.6% in the first quarter of the year. CEO of Debt Rescue Neil Roets told Radio Islam… Continued
The price of petrol will increase by 26 cents a litre at midnight on Tuesday. This will take the fuel price to the R16 mark in Gauteng for the first time, with another hike expected in August. Debt Rescue CEO, Neil Roets, says the latest fuel price hike will have a knock-on effect on what… Continued
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