Household debt to income is expected to reach 75% by the end of 2022

South Africa’s matured financial system has led to increased easy access to credit. While this supports economic growth, overextension by sometimes already struggling households can have unintended negative consequences, says Joseph Phiri, certified financial planner at Alexander Forbes. Phiri said that debt to disposable income for South African households has increased from less than 60%…

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Popia registration deadline extended

South Africa’s POPIA rules have been updated ahead of the July deadline – what you should know South Africa’s Information Regulator has confirmed that there will be no deadline for the registration of information officers and deputy information officers and that no responsible party will be held liable for not registering by 30 June 2021.…

Why use a Professional Debt Collector

Most companies have been faced with the following scenario before. Your client has been a reliable customer who has made payments on time, up until now. However, for whatever reason, you now cannot get them to pay overdue accounts. Despite phone calls and reminders, no payments seem to be forthcoming. You don’t want to call…