Motorists are looking forward to the decrease in the petrol price with effect from Tuesday midnight. The price of petrol will decrease by 93 cents a litre and diesel by R1.02 a litre. This coupled with the news last week that the Reserve Bank will keep the repo rate steady is a sign that pressure […]
CONSUMERS I The 93c//decrease in the petrol price tomorrow, as well as stable interest rates, will go a long way towards alleviating the financial pressure on deeply indebted consumers, says Debt Rescue CEO Neil Roets. This is a “good time” to repay debt accumulated when unsecured loans were easy to obtain, he says. Ntsakisi Maswanganyi
The price of all grades of petrol will drop by 93 cents a litre at midnight, tonight. The price of diesel (0.05 and 0.005 percent sulphur) would decrease by R1.02 a litre. The new prices would come into effect on Wednesday. Debt Rescue’s Neil Roets, however says now is not the time to spend, but […]
NEXT week’s 93 cents fuel-price drop will be a much-needed post-Christmas present for cash-strapped consumers. This is according to the AA, which yesterday said the price drop would be a great relief for motorists. The comment comes after the Department of Energy yesterday announced that the price of all grades of petrol would drop by […]
With inflation slowing down and another substantial cut in the fuel price expected in February consumers are looking at a slightly rosier picture for the immediate future. Economist Dawie Roodt said the cut in inflation from 5.8% to 5.3% was significant because it would curb price increases. Coming on top of the whopping decrease in […]
Johannesburg – While lower inflation and the expected further drop in the fuel price in February was to be welcomed, consumers should not see this as an opportunity to stack up even more debt, warned Neil Roets CEO of Debt Rescue on Thursday. “What we hope for is that the retail sector takes cognisance of […]
With inflation slowing down and another cut in the fuel price expected next month consumers are looking at a slightly rosier picture for the immediate future. Economist Dawie Roodt said the cut in inflation from 5.8% to 5.3% was significant because it would curb price increases. Coming on top of the whopping decrease in the […]
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