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OFM


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

Do not overspend on panic-buying Debt Rescue CEO Neil Roets has warned consumers not to overspend on panic-buying items amid the outbreak of coronavirus in South Africa. President Cyril Ramaphosa announced a state of national disaster amid the growth in Covid-19 cases over the past two weeks. South Africa had 61 confirmed cases of coronavirus… Continued

Cape Town – If Eskom’s tariff increase is approved, it would be a catastrophe for the consumer and would see millions more plunged into debt followed by a slew of bankruptcies for businesses and private individuals, according to a debt expert. The National Energy Regulator (Nersa) said on Wednesday that they would announce their decision… Continued

The Department of Energy has announced a major fuel price hike which will kick in at midnight next Tuesday. All grades of petrol will increase by 84 cents a litre. Both grades of diesel will increase by 78.2 cents a litre and the price of illuminating paraffin by 75 cents a litre. Energy Department spokesperson… Continued

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