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.
Rate increases by South Africa’s central bank have left at least 10 million people crippled by debt in a country where many people buy on credit. The result may be a further slowdown in South Africa’s slumping economy, which is now expected to grow just 0.9% in 2016. That would only aggravate the problem for
According to a Debt Rescue study, only about 23% of South Africans have money left at the end of the month before their next payday. The study finds that 86% of South Africans borrowed money in the year 2014. It also finds that South Africans between the ages of 31 and 45 collectively owe 53%
Die uitvoerende hoof van Debt Rescue, Neil Roets, sê verbruikers kan nie die brandstofheffing te midde van groeiende skuldvlakke en skerp stygende lewenskoste bekostig nie, en die regering behoort meer te doen om mense te help. Hy sê hoewel die petrolheffing ‘n betekenisvolle vorm van inkomste vir die staat is, is dit saam met die
