The significant reduction in petrol price of R1.74, as well as the reduction in diesel price R1.66, will make a huge difference in the life of consumers, however, the relief will only be temporary.
The lockdown was handled very well by South Africa’s government and it was very much needed but we have reached a point where people need to start working and earning money again because currently, we are crippling the economy to such an extent it may be impossible to repair it.
Luckily, we as South Africans, are in a very fortunate situation in that we have a process called Debt Counselling by the National Credit Act. It has helped thousands of people pay off their debts in an affordable manner without losing their assets over the last 10 – 13 years.
Watch the short video below to find out more about debt counselling.