According to the latest Q4 2023 Debt Index released by DebtBusters, South Africans are facing financial difficulties and seeking debt counselling and online debt management assistance. Benay Sager, executive head of DebtBusters, discusses the implications of these numbers.
According to the latest Q4 2023 Debt Index released by DebtBusters, South Africa ns are struggling, they’ve gone through increased enquiries for debt counselling , as well as online debt management assistance.
Benay Sager, executive head of DebtBusters, discusses the implications of these numbers.
South Africa Debt Debtbusters Financial Difficulties Debt Counselling Online Debt Management
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Choosing a Career Path: Advice for Young South AfricansYoung South Africans who just matriculated face a difficult decision over what to study, with future employment opportunities often on the mind. Nedbank said that becoming a doctor, accountant, lawyer, or engineer is often the ‘safest’ option in terms of career path and pleasing one’s parents. These can be a good field for those who have the marks to get into them.“If you can earn your living in a job that you’re passionate about, you’ll have more chance of achieving success than you would doing something unfulfilling purely for financial security,” Nedbank said.What are my weaknesses and limitations, and which of these can I work through? Although choosing what to study is based on the individual, there are several industries that can offer a wide variety of employment opportunities.The increased speed of advancing technology and digitalisation is unlikely to slow down, and the Information Technology (IT) field will continue to be a strong career option. Degrees in computer science or software engineering can lay a strong foundation, as there is both theory and practice
Read more »
South Africans Shift Away from National Electricity GridMany South Africans are choosing to end or reduce their dependence on the national electricity grid due to frequent power outages. Some are cutting off their reliance on local government, while others are adding solar and battery power as backup. The shift raises legal and regulatory challenges.
Read more »
New hijacking trend South Africans need to know about – and the most targeted vehiclesA security expert warns South Africans not to let their guards down and to be on alert for hijackers’ new tactics.
Read more »
Cricket South Africa meets with South African Jewish Board of Deputies over David Teeger matterThe South African Jewish Board of Deputies (SAJBD) is hoping the International Cricket Council will intervene in the David Teeger matter after their meeting with Cricket South Africa didn't go as planned. The SAJBD took umbrage at the demotion of Teeger as captain from the South Africa Under-19 World Cup that starts on Friday.
Read more »
Significant Increase in Prepaid Electricity Bills Expected in South AfricaSouth Africans using prepaid electricity should expect a significant increase in their monthly bill from April this year. The National Energy Regulator of South Africa (NERSA) approved Eskom price increases of 18.65% for 2023/24 and a 12.74% increase that will start in April 2024. Despite Eskom's failure to provide a reliable electricity supply, load shedding is expected to continue. The average electricity tariff in South Africa is expected to increase from roughly R1.84 per kWh to around R2.07 per kWh.
Read more »
Ellies Plans to Double Debt for AcquisitionSouth African electronic equipment manufacturer, Ellies, plans to increase its debt to acquire Bundu Power, a company specializing in alternative energy products. The acquisition aims to help Ellies return to profitability.
Read more »