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.
Debt Rescue, Annaline van der Poel discusses a survey revealing that more than half of South Africans are at a financial breaking point. She explains how rising fuel and electricity costs are pushing up transport and food prices, forcing people to cut back on basic necessities with no short-term relief in sight.
More than half of South Africans are at a financial breaking point as the cost of living continues to climb, according to a new survey by Debt Rescue. More than half of South Africans are at a breaking point due to the rising cost of living. That is according to Debt Rescue’s latest consumer survey.
Annaline van der Poel from Debt Rescue, provides advice to consumers on navigating financial pressures, specifically discussing the impact of electricity price hikes and offering practical tips for saving money on household expenses.
Debt Rescue warns that without intervention, the risk of intensified load shedding is real due to rising diesel costs straining Eskom’s backup systems. It also discusses how soaring fuel prices are pressuring South African households and workers, prompting calls for flexible work models.
Debt Rescue warned that the April price hikes, including fuel and electricity increases, may force people to rely on credit, pushing many households closer to a tipping point with little financial flexibility.
Annaline van der Poel, the CEO of Debt Rescue discusses the considerations for employers allowing employees to work from home, weighing the savings on fuel costs against potential impacts on productivity.
The CEO of Debt Rescue discusses the impact of rising fuel prices and the calls for work-from-home arrangements.
Financial expert Annaline van der Poel warns that the April price hikes in South Africa may force people to rely on credit to get through the month, as the increased costs create unsustainable financial pressure for many households.
Debt Rescue’s CEO expressed concern about the immediate impact on consumers due to high interest rates and rising electricity and fuel prices, which put tremendous pressure on financially strained households.
Debt Rescue disapproves of the central bank’s decision to keep interest rates unchanged. It warns that high borrowing costs, combined with upcoming electricity and fuel price hikes, will devastate many households. The regulator states consumers are facing a prolonged period of financial pressure with little relief in sight.
