Stay informed with the latest news and expert opinions from South Africa’s leading news agencies. Debt Rescue’s CEO Neil Roets and Debt Rescue’s COO, Annaline van der Poel, shares economic insights, explains how debt review can help over-indebted consumers, and valuable financial advice. From expert interviews to breaking news, this page brings you honest discussions about money, debt counselling, and actionable tips to help you take control of your debt.
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
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
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
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
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.
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
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
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
South African consumers will face tough times as petrol, diesel and illuminating paraffin increase by 75c, 93c and 76c respectively. Other factors, such as the increase in toll fees and the general fuel levy and the Road Accident Fund levy will also stretch consumers financially. The increase in the price of petrol will affect the
