Mail & Guardian
Mail & Guardian
debt managementlatest news & developments
MPs spoke to reporters on the steps of the National Assembly

SA debt climbs as Gordhan pledges spending curbs

South Africa’s debt will make up 48% of the gross domestic product in the medium term, a pace which one economist describes as "frightening".

Unscrupulous creditors are trading on ignorance.

Ghastly garnishee abuse exposed

The full extent of garnishee abuse is not known but a case study by law firm Edward Nathan Sonnenbergs has set alarm bells ringing.

New research says the poor

No food, but we have TVs

As costs keep rising, South Africans keep buying assets but they borrow money so that they can eat, writes Lisa Steyn.

Ismail Momoniat

Caught in the unsecured credit trap

From boosting savings to reducing indebtedness, broader financial inclusion is needed in South Africa.

Microlenders say banks are encroaching on their territory and reforms are therefore needed in the lending industry.

Cashing in on indebted consumers

Lenders big and small are slugging it out for the rands you are yet to earn as they race to issue unsecured loans at high interest rates

Members of the population with the most garnishee orders are not well.

Marikana miners in debt sinkhole

High levels of credit may have contributed to the cocktail of factors that led to the bloody clashes between police and Lonmin strikers.

Gauteng ANC deputy secretary Humphrey Mmemezi has been implicated in an alleged attempt to bribe Tshwane ANC members to vote for Jacob Zuma.

Mmemezi resigns following McDonald’s painting fiasco

Controversial Gauteng local government and housing minister Humphrey Mmemezi, accused of abusing public funds, has resigned his post.

Getting out of debt

I am in serious financial difficulty. How do I start to get my finances in order?

Your path from debt to saving

View getting out of debt as a step towards saving, not just a goal in itself. This will help you break the "never get out of debt" cycle.

Five ways to save this Christmas

Five ways to save this Christmas

Those who are lucky receive a 13th cheque, but most overspend and wake up to a New Year debt hangover.

Debt regulation based on faulty assumptions

Debt regulation based on faulty assumptions

The borrowing that leads to indebtedness is not what it might seem.

When to consolidate your debt

Debt consolidation works if you have the discipline

Please give us a tax rebate, we will use it wisely

Taxpayers will use their rebates more wisely than government.

Campaign launched to assist debt-ridden South Africans

Nearly half of credit-active South Africans are in financial trouble. They can now call a single number to get advice on how to manage their debt.

Learning the hard way

Despite the interest rate cuts many are finding it hard to make ends meet. At least seven million people have fallen behind in repaying their debt.

Relief for battling consumers

The indebtedness of consumers is soaring as the local economic outlook continues to sour, but there may be hope on the horizon.