Energy controller Nersa's proposition to increment civil power duties by another 7.47% in July 2022 will put numerous South Africans over the edge, says Neil Roets, CEO of Debt Rescue. This figure establishes a 3.49% increment for the/long term, and this is discrete from the 9.6% yearly increment for Eskom clients that kicked in on 1 April.
Energy control company Nersa claims there is "no possible endpoint" for the country. Some people expressed their displeasure with the 9.7 percent rise in energy rates that Eskom customers received on April 1st following the country's recent burden-shedding. When prices rise again in July, things will get worse for South Africans.
Financial aid for workers who had their salaries reduced and those who have been retrenched due to Covid-19 is coming to an end. It will be unavailable in the coming months. The news was announced by the Unemployment Insurance Fund (UIF) when they explained that Covid-19TERS was a scheme to help rescue jobs and help companies that were closed during the country's closure of the fifth and fourth phases. Makhosonke Buthelezi, a communications consultant for the Unemployment Insurance Fund, said Covid-19 TERS was
A growing number of corporate executives and other top earners are applying for assistance with their debt, says Neil Roets, chief executive office of debt counselling company Debt Rescue. “Our experience on the ground shows that an alarming number of consumers are unable to repay their debt. The extent of their indebtedness has also grown substantially compared with the same period last year,” he said. “The most worrisome of all is the fact that we are now seeing the top earners on the ladder such as