In a recent SABC News interview, Annaline van der Poel, Chief Operating Officer at Debt Rescue, discusses the severe consequences of Eskom’s proposed 30.6% tariff increase. With the already overwhelming cost of living, this hike could be a devastating blow for millions of South Africans who are struggling to make ends meet. Increase in Debt […]
During this Smile 90.4 FM radio interview, Annaline van der Poel, Chief Operations Officer at Debt Rescue, discusses South Africa’s current financial hurdles. From the recent petrol price drop to the ever-increasing electricity costs, Annaline shares her thoughts on how these changes impact everyday South Africans. She addresses why, despite the fuel decrease, experts like […]
Neil Roets, CEO of Debt Rescue, says that while the recent fuel price decrease is welcome, it offers little relief to struggling South Africans. “South Africans are desperate for any relief that will enable them to dig their way out of indebtedness and poverty caused by the exorbitant and continual cost of living increases that […]
Debt Rescue COO, Annaline van der Poel, shares her thoughts on the recent 25 basis point interest rate cut, questioning whether it will truly make a difference for struggling South African consumers. Severe Financial Challenges While the reduction brings some relief, van der Poel points out that many households are still facing severe financial challenges, […]
During an interview on SABC NEWS, Debt Rescue COO Annaline van der Poel expressed concern that the recent 25 basis point interest rate cut by the South African Reserve Bank (SARB) offers insufficient relief. She noted that it will not provide meaningful support to heavily indebted consumers. The rate cut brings the repo rate down […]
Debt Rescue CEO, Neil Roets, expressed disappointment at the South African Reserve Bank’s recent 25 basis point interest rate cut, stating that it is too little, too late to alleviate the severe financial difficulties facing many South Africans. Relief Insufficient for South Africans in Poverty While acknowledging that any form of relief is welcome, Roets […]
Neil Roets paints a stark picture of how fuel price cuts won’t bring real relief to many South Africans, especially those living in poverty. He points out that while the drop in fuel prices may seem like a positive development, it barely scratches the surface for the 55% of the population trapped in poverty. The […]
Short-Term Relief vs. Long-Term Consequences Neil Roets, CEO of Debt Rescue, raises important concerns regarding the new two-pot retirement system, particularly focusing on the tax implications and potential long-term effects on South Africans’ retirement savings. While the system may offer short-term relief for those struggling with debt, Roets cautions that many might not fully understand […]
Neil Roets, CEO of Debt Rescue, is deeply worried about the upcoming 40% electricity tariff increase planned for April 1, 2025. Roets fears that this massive hike will push families into heartbreaking decisions, like having to choose between keeping the lights on or putting food on the table. The Growing Debt Crisis Roets has been […]
During a powerful interview on ENCA, Annaline van der Poel, COO of Debt Rescue talks about the financial hurdles that middle-income South Africans are facing everyday. If you are struggling to stretch your rands, this interview will offer you the advice you need. Here’s a glimpse of the conversation on ENCA: How bad is it […]
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