Fuel Price Cuts Offer Little Relief for the Poor

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 Harsh Reality of Poverty in South Africa

Even with savings from lower fuel prices, many South Africans are unable to afford basic necessities, let alone enough nutritious food to stay healthy. He points out that living below the upper-bound poverty line of R1,634 per month means having to stretch every cent, and yet still falling short of providing enough for a decent life. “This should be a top priority for our leaders and food retailers,” he says. “We can’t let this kind of suffering become normal.”

Read the full article here

How can Debt Rescue help you? 

Debt Rescue can help you by:

  • By Providing a free, no-obligation debt assessment: Our experts will analyse your financial situation to determine the best course of action.
  • By Consolidating and reducing your monthly repayments: We’ll work with your creditors to negotiate lower payments, making it easier to manage your debt.
  • By Offering personalised financial adviceOur debt counsellors can provide guidance on budgeting, debt management strategies, and other financial matters.

Chat with Us

Like
Like Love Haha Wow Sad Angry

Thank you!

We look forward to the opportunity to get you debt-free!

Did you know?

You can start your application process already. Simply download your assessment or fill in our online application and get one step closer to becoming debt-free with Debt Rescue!

Subscribe to Our Weekly Email

By completing this form, you are providing Debt Rescue with the above personal information and acknowledge the terms of Debt Rescue’s Privacy Notice.