MONEY TALK

South Africa's best financial advice, research, how-to's, and insights

‘Virtually the entire population of this country are in deep trouble and have no idea where or how help is coming from,’ said Debt Rescue CEO Neil Roets. The number of deeply indebted consumers in South Africa over the past three months has risen sharply compared to the same period last year, The Citizen reports. Debt Rescue […]

By Philippa Larkin Despite Sanral moderating the tariff increase, the hike will deal a blow to South African motorists after a sharp spike in petrol prices earlier this month. South African motorists’ pockets will be even under more strain after the South African National Roads Agency (Sanral) at the weekend notified the public of the […]

By Luke Fraser South African consumers are having to contend with higher fuel prices this month, which could push many over the edge. Today, 7 February, petrol prices have been hiked by 75 cents per litre, while diesel has gone up by 70 to 73 cents a litre. This has increased the inland price of […]

South Africa’s prominent debt management company, DebtBusters, reports a 41% spike in consumers seeking debt counseling. Economic challenges, including soaring living costs, have left many individuals grappling to meet financial obligations. The rise in payday loans indicates a growing trend as consumers seek additional income sources to supplement their salaries. Factors such as high-interest rates, inflation […]

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