Big petrol price drop from midnight

JOHANNESBURG – From midnight it will cost you much less to top up your tank. All grades of petrol are set to drop by 67 cents a litre. Diesel will decrease by 25.38 cents a litre and LPG gas will cost R1.08 less. It’s the third petrol price cut of the year and welcome relief

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Fuel price decrease will ease woes

The 22c a litre drop in the price of fuel on Wednesday will provide a bit of breathing space for heavily indebted consumers. The wholesale price of diesel, meanwhile, will drop by 23.58c a litre and that of illuminating paraffin by 10c a litre. Neil Roets, CEO of Debt Rescue, said the price decrease will

1 minute, 54 seconds

Projected fuel increase to skyrocket consumers’ spending

The projected increase in the petrol price of around 30 cents a litre is going to peg the fuel price at an all-time high of about R14.20 a litre. CEO of Debt Rescue, Neil Roets says this is going to add to the woes of deeply indebted consumers. The steep increase in petrol and food

2 minutes, 12 seconds

Consumers hit by another huge petrol price hike

Consumers have been dealt another blow this after the Department of Energy announced a huge increase in the petrol price. The latest hike will see motorists paying 39 cents more for a litre of petrol, taking the price within an earshot of R14 a litre. Diesel will rise by 24 cents while paraffin will go

1 minute, 5 seconds

Tough times ahead as e-toll gets closer

JOHANNESBURG – Analysts have expressed caution at the consequences of the imminent implementation of e-tolling would have on South Africans. The system is predicted to have a greater than expected effect on deeply indebted consumers and would force many middle class South Africans back into poverty, say analysts. A statement released by South Africa’s largest

3 minutes, 11 seconds

Petrol price just keeps on climbing

Motorists can expect yet another increase in fuel prices. The price of all grades of petrol and diesel will go up next Wednesday with petrol increasing by 32 cents a litre and diesel will go up by 33 cents. Paraffin users will pay an extra 32 cents a litre. Government says the renewed unrest in

2 minutes, 45 seconds

Student debt doubles as credit card use explodes

The number of young people in the 18 to 25 year age group who have become over indebted has grown significantly over the past year with more than 50% of these consumers battling to pay their debt. This is according to Debt Rescue, who have released a press release warning against the scourge of reckless

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More S. Africans falling into debt trap

More South Africans are falling into the debt trap and last year was one of the worst for a long time with record numbers seeking protection under debt counseling. Debt Rescue CEO Neil Roets says more than double the number of deeply indebted individuals applied for relief in 2012. Roets says most consumers seeking help