Mboweni warns of debt crisis if national budget isn’t cut
South Africa must cut spending to avoid a sovereign debt crisis within the next four years, Finance Minister Tito Mboweni said. Mboweni is preparing to...
Tag : Debt
Don’t drown in debt – get counselling, urges NCR
The National Credit Regulator (NCR) on Tuesday urged consumers to consider debt counselling as a way of defeating debt. “Loss of employment, salary cuts,...
Consider debt counselling to defeat debt
Loss of employment, salary cuts, medical bills, rising fuel prices, food and cost of living in general and overspending are some of the reasons why...
Do you have too much debt?
You notice most of your salary is going towards your debt repayments each month, you cannot afford to put money towards a savings account, you...
South Africa’s big debt problem: Dawie Roodt
Depending on how much the government plans to recover for the R2 billion it paid to keep the fuel price down in November, consumers could...
A million SASSA beneficiaries swap to new card
The South African Post Office (Sapo) has swapped over one million social grants beneficiaries to the new South African Social Security (SASSA) card which is...
VAT increase sees escalation in banking fees
Banking services are among the many that will be affected by the 1{260be39af7a23245908e2d03f0702cdacbe80916f94cc22d505f2ddb0a022481} VAT increase effective 1 April 2018. This comes amid rising costs for...
SASSA’s social grant contingency plan being presented to Cabinet
The South African Social Security Agency (SASSA) has a contingency plan to ensure that social grants are paid without any hiccups on 1 April 2018...
SARS gets heavy-handed with taxpayers over debts
Taxpayers are getting legal threats when they still have objections pending. The Tax Ombud says as this is a systemic issue, taxpayers can go straight...
Wise Consumers Borrow Wisely
Borrowing money recklessly to finance luxuries can trap consumers in a vicious cycle of debt for years. The beginning of the year is an ideal...