Fuel price increase likely to spill over, causing South Africans to rack up debt

Published on


Add Smile FM on Google

Debt Rescue says while the highest petrol price ever creates the perfect storm in the road freight sector, with devastating consequences for food transport, it is likely to spill over, into more people going into debt. CEO Neil Roets says they have seen a year-on-year increase in the number of South Africans seeking debt relief – and they expect this number to increase:

Latest articles

Busy city pedestrian routes turn into an open-air gallery

   One of Cape Town's busiest pedestrian routes turns into an open-air gallery. Every weekday, approximately 30,000 pedestrians walk several surveyed routes in Cape Town,...

Things every South African needs to know about having a will

 There are many things South Africans need to know about having a will. So says Mariska Redelinghuys, the Employee Benefits and Fiduciary Specialist at...

OPINION: Annual two-pot withdrawals could cost an employee R1 million at retirement

Annual two-pot withdrawals could cost an employee R1 million at retirement. R399 600 now, or R1.01 million more later. That's the choice facing employees...