Economist Neil Roets says that despite the decrease in fuel prices, consumers should keep saving for a potential price hike in the New Year. The slight relief in the price of fuel should not be seen as an opportunity for people to go more spend money. Find out more on this radio clip.
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Cash-strapped consumers will have to fork out even more money as the price of petrol is set to rise by 18 cents a litre this week. The Department of Mineral Resources and Energy announced the price changes on Sunday, stating that the price of 95 (ULP and LRP) will rise by 18 cents a litre… Continued
Neil Roets uitvoerende hoof van Debt Rescue praat oor die nuwe Skuld wysigings wet. Die wet maak voorsiening vir skuldverligting deur byvoorbeeld skuld op te skort vir sekere tydperke of in sekere gevalle daarna skuld uit te wis. Uitwissing van skuld soos per die wet is net van toepassing waar iemand slegs ongesekureerde krediet van… Continued
Rise in Municipality Rates Millions of JHB residence will have to cough up more for the municipality rates. Unfortunately, salaries are not rising with the price increases. The municipality price increases are as follows: Water up by 9.9%, Property rates up by 5.5%, Electricity up by 13.07%, Refuse removal up by 7% Rea Vaya bus… Continued
Don’t get too excited about the Petrol Price Decrease in July Debt Rescue says while the reduction of the petrol price on Wednesday has been welcomed, the relief is going to be short lived. Although the price of both petrol and diesel dropped for the first time in six months, new electricity tariffs kicked in… Continued
The cost of living is rising but our wages aren’t. Municipal rates across the country are increasing. These new rates will affect millions of city-dwellers. Water, electricity, trash removal, property tax, and municipal bus services will be affected. Neil Roets says that consumers who are already in debt will simply not have any money left… Continued
Fuel price announcement We’re still waiting for the first fuel price announcement under the new administration of Matamela Cyril Ramaphosa. The fuel price will come into effect at midnight tomorrow with a prediction that diesel prices will rise. We’re expecting to see many more fuel price rises like this over the course of the year.… Continued
The future for SA consumers looks bleak A while back, consumers were forced to cut out luxuries from their spending to keep their heads above water. But, now, they will have to start cutting on basic necessities just to stay alive. All the main economic indicators show that things in South Africa are going to… Continued
South Africans are taking out debt for food Imagine taking out debt for food. This has become a horrid reality for South Africans. Many consumers are in debt in a floundering economy. Some are even taking out debt just to feed themselves and their families. The rising petrol price is affecting consumers even more. Motorists… Continued
Sharp increases for South Africans Consumers will experience sharp increases in municipal services, electricity, diesel and petrol prices. Consumers will have to tighten their belts even more and spend wisely to make ends meet. Neil Roets warns that these price increases may cause many South African consumers to fall deep into debt. This is because… Continued
We look forward to the opportunity to get you debt-free!
