Refilwe Moloto speaks to Annaline van der Poel, head of new business of Debt Rescue Africa, to look at how money and our finances impacts on relationships with others including family and friends.
A growing number of South Africans are using credit to purchases basic necessities such as groceries, says Debt Rescue chief executive Neil Roets. Roets told CapeTalk that this issue has grown in recent months due to the country’s high unemployment rate, combined with the rising cost of food. “The fact that you are buying things like normal […]
Annaline van der Poel gives guidance to South African consumers on which signs to look for when considering debt review. She also goes through which options over-indebted consumers have and how Debt Rescue can assist. Debt Rescue · When Should You Apply For Debt Review? – Annaline van der Poel
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, will impact the rand negatively. A similar incident will weaken the […]
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 end of January when they have expenses that need to be paid […]