MONEY TALK

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

Al is die besluit alom verwag, was daar Donderdagmiddag tot ’n tikkie teleurstelling onder sommige kommentators dat die Reserwebank die vierde agtereenvolgende keer die rentekoers onveranderd gelaat het. Neil Roets, uitvoerende hoof van die skuldberadingsfirma Debt Rescue, sê baie verbruikers gaan nou skuld aan om skuld af te betaal, ’n “teken van ’n nasie diep […]

Seventy-five percent of the average South African’s salary goes towards paying off debt. That’s because the high interest rates from last year, have taken a toll. This week the Reserve Bank Governor announced that the repo rate would remain the same. CEO of Debt Rescue, Neil Roets speaks to the eNCA about this. Follow the […]

By Neil Roets The most important right consumers should demand is a stable economy where all South Africans can prosper, and a stop to the relentless cost-of-living increases that are decimating people’s lives, writes Neil Roets, the CEO of Debt Rescue. SOUTH Africans are in trouble. Deep trouble. Warning signs have been flashing since late 2022 […]

By Ashley Lechman The cost of living crisis for South Africans continues to spiral after data released on Wednesday showed that the cost of a basic grocery food basket had increased by 8.3% in just a year. This was according to the January 2024 Household Affordability Index and Key Data, compiled by the Pietermaritzburg Economic […]

By Shaun Jacobs Around 69% of South Africans say they cannot pay their bills on time every month due to steep increases in the cost of living over the past two years.  This was revealed in a survey conducted by Debt Rescue during December, with the company only expecting this to get worse as South […]

By Hlulani Debt Review Cape Town, also known as debt counselling, is a legal process in South Africa designed to help over-indebted individuals manage their financial situation and get out of debt. It’s governed by the National Credit Act (NCA) and overseen by the National Credit Regulator (NCR). What Is Debt Review? Debt review, also known as […]

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