Jacaranda FM


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

Due to the national lockdown, South Africans are left to make do with the little they have.   Neil Roets joined Breakfast with Martin Bester telephonically to discuss the effects of the national lockdown due to the coronavirus. Roets is the founder and CEO of Debt Rescue, one of the biggest debt counselling companies in South Africa. According to Debt Rescue, chances are that… Continued

People are buying loads of bulk household items South African consumers are panic buying loads of household items following Cyril Ramaphosa announcing that we are in the state of national disaster. Toilet paper, non-perishable food and, of course, hand sanitiser are especially in high demand. Retailers have indicated that some items are now in limited… Continued

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

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

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

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

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