The credibility and reputation of Public Protector Busisiwe Mkhwebane was dealt another blow when the Gauteng High Court made a personal costs order against her – the second in as many weeks.
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Government’s intention to implement a debt forgiveness programme for over-indebted households poses a major threat to the financial sector, says a debt review expert.
SPONSORED: Debt Rescue CEO Neil Roets speaks to Fin24 about how assisting thousands of people to become debt free helped the firm scoop prizes at the Debt Review Awards.
ADVERTORIAL: Debt Rescue CEO Neil Roets explains the concept of debt councelling as a solution for an over-indebted consumer's financial predicament.
There seems to be no global consensus on the level at which fuel prices will stabilise, but the current situation is extremely positive for consumers, says the AA.
The drop in the fuel price may bring temporary relief, but consumer debt remains high, warns an expert.
The Eskom tariff increase will have a profoundly negative impact on deeply indebted consumers, warns an expert.
Don't expect another big petrol price drop or price hike until the year end, economists predict.
Unsecured loans will probably become more difficult to come by, because African Bank is now under curatorship, says a debt expert.
The petrol price decrease will lighten the burden for heavily-indebted South Africans, but will impact little on the unemployed, says a debt management firm.
It is not true that the petrol price decrease is because of the upcoming national poll, says the energy department.
Consumers can't afford the petrol levy amid growing levels of debt and soaring costs of living, according to debt expert Neil Roets.
The drought, a likely Eskom price hike and a probable tax increase early this year will lead to consumers being squeezed to the maximum in 2016, warns a debt expert.
There is no reprieve for consumers about the unchanged fuel price as they are already struggling to make ends meet amid mounting consumer debt.
Petrol is at its cheapest level for the year after the latest drop reversed all gains for 2014 and an economist is seeing a further decline in the new year.
The decrease in the prices of petrol and diesel will bring some respite to deeply indebted consumers, according to Debt Rescue CEO Neil Roets.
Deeply indebted onsumers are in for hard times with middle and lower income groups expected to suffer the most, warn experts.
Cash-strapped consumers will get a breather at the pumps with the prices of petrol and diesel falling in September.
The ever-increasing cost of living means that many South Africans could lose their middle class status or fall into poverty, warns an expert.
Consumers are increasingly looking for a way to escape debt collectors, who threaten to seize their belongings, warns an expert.
Motorists are set to have a bleak start to the New Year with a steep petrol hike expected in January - a month with heavy financial demands.
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