ARTICLES RELATING TO DEBT

Govt acts on garnishee 'abuse' in public sector

2015-09-03 20:30

The Government has appointed a company to investigate the abuse of emolument attachment orders, also known as garnishee orders, in the public services sector.

Tips to be more credit smart

2015-08-31 17:16

Credit can be a useful tool only if you understand what credit is, how to get it and how to use it wisely, according to an expert at FNB.

Seven ways to weather the economic storm

2015-08-30 15:00

For the past two years consumers were warned that there were tough times ahead, while day-to-day living became more and more expensive.

The rights of a debt collector

2015-08-19 16:19

Tracey Swart, director of sales and customer relationships at the Blake Group, offers her views on the rights of creditors and debt collectors.

Anticipated fuel price drop could be short-lived

2015-07-31 13:37

If the rand keeps trading at its current level, motorists could be looking at a substantial fuel price hike next month, cautions a debt expert.

Why South Africans are battling to save

2015-07-21 16:36

The number of people supporting their children as well as their parents is growing, reducing their ability to save for emergencies, a study shows.

How to help employees with debt

2015-07-19 15:12

Big companies have played a significant role in reducing the indebtedness of their employees and, by doing so, have improved the quality of life of the country’s citizens, writes Frank Magwegwe

Garnishee judgment 'victory' for poor - commission

2015-07-09 13:32

The SA Human Rights Commission has welcomed a judgment on garnishee orders, saying the poor do not always have the means to challenge decisions.

R184 mln write-off

2015-07-08 10:08

ABOUT R184 million in consumer debt under the uMgungundlovu Municipality will be written off as part of its amnesty programme, the municipality announced yesterday.

Consumers pushed to knife's edge

2015-06-30 14:55

Consumers are about to be hit by various increases, pushing them more and more towards the edge of what they can bear financially, warns a debt expert.

 

Cash-strapped use valuables for short-term loans

2015-08-31 20:00

Asset-rich, cash-strapped South Africans are increasingly leveraging the value of their personal assets to gain access to short-term loans, says a lender.

Big increase in women using credit

2015-08-31 17:09

There has been a significant increase in the number of credit-active women in South Africa, according to the latest data released by credit bureau Compuscan.

AngloGold offers to buy back bonds to cut debt

2015-08-24 20:00

AngloGold Ashanti has offered to buy back $810m of high-yield bonds to cut the third-largest gold producer’s interest payments by almost a third.

Theft, customer debt heavy burden on Eskom

2015-08-11 15:24

Eskom's arrear customer debt has increased across all segments over the past financial year, with approximately 38% of debt outstanding for more than 60 days.

Why talking about savings alone won't help South Africans

2015-07-22 13:29

Concrete solutions are needed to achieve inclusion and preservation to help South Africans make meaningful financial changes, says Asisa CEO Leon Campher.

Start saving early, even if you start small

2015-07-21 15:45

Getting into a savings habit now could help to set young people up for a lifetime of savings and financial independence.

Not all garnishee orders invalid - expert

2015-07-10 14:42

Not all garnishee orders are suddenly invalid, according to a legal expert, following a Western Cape High Court ruling that garnishee orders were “unlawful and invalid".

Victory for consumers as court rules against salary deductions

2015-07-09 10:33

There has been a victory for 15 consumers when the Western Cape High Court has declared certain deductions from their salaries “invalid and unlawful.”

State sets off credit bomb

2015-07-05 15:20

SA’s credit industry has been making the case for years that it needs to charge higher interest. In response, the dti wants to slash rates and fees

Cell C secures R3.3bn debt issuance

2015-06-26 13:00

South Africa’s third largest mobile network Cell C has raised €240m (R3.3bn) to fund the company’s capital expenditure and cash requirements.

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