Chief economist at Old Mutual, Rian le Roux, has warned that a tight budget in February next year will take money out of consumers pockets.
Le Roux said interest rates may be down next year but not by much.
Local politics, like a Nenegate, …Read More
Debt Rescue CEO, Neil Roets, says once people are paid in early December this gives them a false sense of well being and overspending occurs.
“Salaries are paid in early December and people forget that their next pay cheque only comes at the …Read More
Debt management company Debt Rescue has warned that consumers are in for a very rough ride.
Statistics South Africa announced today that the country is in recession, after the economy shrank by 0.7% in the first quarter.
“It is highly likely that ratings agency Moody’s would downgrade …Read More