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.
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
