BREAKING NEWS: New Loan Consolidation is Saving Millions of South Africans from Crippling Debt

Bitcoin Trading News South Africa

Advertorial

BREAKING NEWS: Millions of South Africans Drowning in Debt Are Turning to Loan Consolidation

  • Do you often find that you are behind on your monthly payments?
  • Do you have to take out additional loans to pay off debt?
  • Are you hounded by debt collector phone calls?
  • Unable to sleep from money worries?
  • Are you seeing your work performance slipping?

Get A Free Consultation

If you answered yes to any of these, it’s very possible that you're one of the estimated 15 million South Africans drowning in debt, and can’t afford your repayments. Missing more than 3 repayments could lead to a bad credit score, which could weaken any future chances of buying a house or a car. You are not alone. There is a way to get the expertise you need and the service you deserve to get yourself DEBT FREE! Loan consolidation is a way to combine your multiple payments into one, decreasing the pressure and stress and reducing interest rates on each payment.

NO DEBT - NO PROBLEMS

There is a way out! Debt consolidation is a designed method to help put you back in control of your finances. With debt consolidation, you can reduce the time it takes to pay off your debt, reduce the interest rate by up to 60% off and protect your assets from being repossessed

Let one of South Africa's leading registered debt counselling firms, lead you on the path to becoming debt free.  Debtline is registered with the National Credit Regulator (NCR) and will help pull you out of living in the stress of debt.

Our expert consultants will get in touch with you to ensure you’re provided with a service that is unique and tailored to you.

Get A Free Consultation

YOU COULD BE DEBT-FREE IN 60 MONTHS OR LESS

Are you ready to take the next step? It’s this simple:

  1. Our financial consultants will get in touch with and conduct a formal review of your finances. This includes drafting a suitable monthly budget.
  2. We’ll negotiate with credit providers on your behalf.  The discussion will revolve around your new payment plan.
  3. Your belongings will be safe, under the protection of debt Relief! Furthermore no credit providers will be able to harass you or go after your assets.  We become the point of contact for all your credit providers – and gives you instant relief to harassment by creditors!
  4. Our team will educate you about your financial rights and how to work better with your finances.

Your debt counsellor will negotiate directly with your credit providers for reduced debt repayments and lower interest rates. Join millions of South Africans who have decided to take back their financial future and become debt-free.

Get A Free Consultation

SAY GOODBYE TO DEBT TODAY - GET YOUR FREE PRE-ASSESSMENT NOW 

Contact us for an obligation-free pre-assessment.

Should you choose not to move forward after an advisory call - the advice is 100% free with no upfront charges.   Take action now and start living a debt free life, today!

EXCLUSIVE REPORT: Learn How New Debt Relief Program is Saving Millions of South Africans

Bitcoin Trading News South Africa

Advertorial

EXCLUSIVE REPORT: Learn How New Debt Relief Program is Saving Millions of South Africans

  • Are you behind on your monthly payments?
  • Are you taking out additional loans to pay off debt?
  • Are you being hounded by debt collector phonecalls?
  • Are your finances affecting your work performance and ability to sleep?

If you answered yes to any of the above, chances are you're one of the estimated 15 million South Africans  that are drowing in debt, and can’t afford your repayments.  Missing more than 3 repayments could lead to a bad credit score, which in turn could weaken any future prospects of buying a house or a car. You are not alone and there is a way to get the expertise you need and the service you deserve to get yourself DEBT FREE! More and more people are turning to Debt Relief in order to eliminate up to 78% of  their unpaid debt and to attaining financial freedom.

Get A Free Consultation

Debt Rescue South Africa

GET RID OF YOUR DEBT - GET RID OF YOUR PROBLEMS

There is good news if you are falling behind on your debt repayments and earn more than R7500 per month. You may qualify for debt relief, a special process governed by the National Credit Act that aims to rescue consumers and eliminate personal debt.

Let us guide you through the process of becoming debt free.  We are registered with the National Credit Regulator (NCR) and will help protect your valuable assets and organise a more affordable payment plan for you.

Our expert consultants will get in touch with you to ensure you’re provided with a service that is unique and tailored to you.

Get A Free Consultation

YOU COULD BE DEBT-FREE IN 60 MONTHS OR LESS

Are you ready to take the next step? It’s this simple:

  1. Our financial consultants will get in touch with and conduct a formal review of your finances. This includes drafting a suitable monthly budget.
  2. We’ll negotiate with credit providers on your behalf.  The discussion will revolve around your new payment plan.
  3. Your belongings will be safe, under the protection of debt relief! Furthermore no credit providers will be able to harass you or go after your assets.  We become the point of contact for all your credit providers – and gives you instant relief to harassment by creditors!
  4. Our team will educate you about your financial rights and how to work better with your finances.

Your debt counselor will negotiate directly with your credit providers for reduced debt repayments and lower interest rates.  Join millions of South Africans who have decided to take back their financial future and become debt free.

Get A Free Consultation

DON'T DELAY - GET YOUR FREE PRE-ASSESSMENT NOW 

Contact us for an obligation free pre-assessment.

Should you choose not to move forward after advisory call - the advice is 100% free with no upfront charges.   Take action now and start living a debt free life, today!

New Debt Relief Program Saves Millions of South Africans

Bitcoin Trading News South Africa

Advertorial

EXCLUSIVE REPORT: Learn How New Debt Relief Program is Saving Millions of South Africans

  • Are you behind on your monthly payments?
  • Are you taking out additional loans to pay off debt?
  • Are you being hounded by debt collector phonecalls?
  • Are your finances affecting your work performance and ability to sleep?

If you answered yes to any of the above, chances are you're one of the estimated 15 million South Africans  that are drowing in debt, and can’t afford your repayments.  Missing more than 3 repayments could lead to a bad credit score, which in turn could weaken any future prospects of buying a house or a car. You are not alone and there is a way to get the expertise you need and the service you deserve to get yourself DEBT FREE! More and more people are turning to Debt Relief in order to eliminate up to 75% of  their unpaid debt and to attaining financial freedom.

Debt Rescue South Africa

SAY GOODBYE TO DEBT - SAY GOODBYE TO YOUR PROBLEMS

The good news is that if you are falling behind on your debt repayments and earn more than R7000 per month, you may qualify for debt relief, a special process governed by the National Credit Act that aims to rescue consumers and eliminate personal debt.

Let Debtline, one of South Africa's leading registered debt counselling firms, guide you through the process of becoming debt free.  Debtline is registered with the National Credit Regulator (NCR) and  will help protect your valuable assets and organise a more affordable payment plan for you.

Our expert consultants will get in touch with you to ensure you’re provided a service that is unique and tailored to you.

YOU COULD BE DEBT-FREE IN 60 MONTHS OR LESS

Are you ready to take the next step? It’s this simple:

  1. Our financial consultants will get in touch with and conduct a formal review of your finances. This includes drafting a suitable monthly budget.
  2. We’ll negotiate with credit providers on your behalf.  The discussion will revolve around your new payment plan.
  3. Your belongings will be safe, under the protection of debt Relief! Furthermore no credit providers will be able to harass you or go after your assets.  We become the point of contact for all your credit providers – and gives you instant relief to harassment by creditors!
  4. Our team will educate you about your financial rights and how to work better with your finances.

Your debt counselor will negotiate directly with your credit providers for reduced debt repayments and lower interest rates.  Join millions of South Africans who have decided to take back their financial future and become debt free.

DON'T DELAY - GET YOUR FREE PRE-ASSESMENT NOW 

Contact us for an obligation free pre-assessment.

Should you choose not to move forward after advisory call - the advice is 100% free with no upfront charges.   Take action now and start living a debt free live, today!

About Us

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Bitcoin Trading News South Africa

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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No incentive

Bitcoin is on the rise again! Is now a good time to buy?

Since 2013, the value of a Bitcoin has skyrocketed from $13 to $11,000. That represents an amazing growth of 85,000%. This is far more than the type of money you would have earned had you invested in shares like Amazon during the same time period! 

To put that into perspective, with 15 Bitcoin in 2013 you would have been able to buy groceries for a week – today you would be able to buy groceries for the next 12 years and still have some cash left over. Those few Nigerians who were lucky enough to invest in Bitcoin stock when a share was worth just ₦2760 in 2013, now find themselves laughing all the way to the bank!

If that doesn’t get your attention, we don’t know what will?!

I missed getting in early – is it too late?

Absolutely not! The rise of digital currencies has made thousands of investors rich. Luckily, you’re not too late - people investing NOW are STILL reaping MASSIVE rewards. 

The value of one Bitcoin has gained nearly 300% in value in the past three months, reaching figures of over $11000. Those who bought Bitcoin when it was at $3500 a few months ago have seen massive returns as the cryptocurrency continues upwards.

A Great Opportunity to Create Wealth

"Bitcoin is better than currency" – Bill Gates

These days, people like Paypal founder and billionaire Peter Thiel to Virgin founder Sir Richard Branson, and the famed Facebook pair, the Winklevoss twins, have invested in Bitcoin. In fact, the Winklevoss twins became the world's first Bitcoin billionaires in December 2017 and Richard Branson is now accepting Bitcoin as payment for Virgin’s upcoming space flights. 

Get Started Today

You might be asking, since the promise of success and value is all well and good, how does one get onboard? We’ve tried out a number of Bitcoin exchanges and our favourite is Coindirect. Some of the reasons we favour Coindirect include:

  • Sign up is FREE, quick and easy
  • You can make your first trade in under 5 minutes (Bitcoin can rise a lot in one day – why risk missing out?)
  • You can pay with credit card
  • You are offered 24-hour support and assistance
  • It’s 100% safe and secure
  • They offer the CHEAPEST Bitcoin in Nigeria (Why overpay when you’re investing for growth?)

Getting started doesn’t require much - all you need is a small deposit (minimum 7500), and the more Bitcoin grows in the crypto market exchange, the more you’ll see your investment grow. You can also withdraw your funds at any time.

Your journey to financial freedom begins here.

General risk warning: Finance24, Coindirect and its affiliates are not a licensed financial advisors. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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Bitcoin Trading News South Africa

Stocks hold steady with the June rally ahead of US-China trade talks

Stocks have been holding steady since Monday as investors were considering the meeting between United States President Donald Trump and Chinese President Xi Jinping at the G-20 summit this week.

The Dow Jones Industrial Average closed at only 8.41 points higher at 26,727.54, while the S&P 500 decreased by a modest 0.2% to 2,945.35. The Nasdaq Composite closed at a 0.3% dip at 8,005.70.

It's expected that Trump and Xi will discuss the continuous trade war between the U.S. and China at the summit which is starting on Friday in Osaka, Japan. Investors are optimistic the leaders will move closer to a deal that will see a conclustion to the conflict.

Mona Mahajan, U.S. investment strategist at AllianzGI said:

What we probably see is them having talks to have talks about trade. Perhaps the market is OK with that, but our feeling is the rhetoric we’re getting out of China — and Chinese media, in particular — has become much more hard-lined. There is real pushback from the Communist Party; they don’t want the U.S. and President Trump to interfere in their political and ideological systems. It feels like the likelihood of them coming together for a deal is pretty de minimis at this point. But the idea that the whole thing doesn’t collapse is, I guess, a positive for the market.”

Over the past year, China and the U.S. have put tariffs on billions of dollars worth of goods. In the previous month, they both spiked the tariffs with a particular focus on goods.

Christopher Granville, the managing director in the field of global political research at TS Lombard commented:

"Financial markets welcomed the announcement that a full-blown standalone US-China ‘bilateral’ meeting would be held in the margins of the annual G20 Summit. That was an understandable relief reaction. Judging by the more conciliatory tone from both Washington and Beijing last week, the likely optics of the Trump-Xi talks will resemble the previous G20 meeting in Buenos Aires last December. “Back then, the leaders’ friendly rapport supplied the impetus to launch a new series of negotiations, with an agreement to refrain from further tariff hikes or other punitive action for the following three months while the talks proceeded. ”

The hope has helped spark a massive increase in trading this month. Major indexes have seen an increase of at least 7% each in June so far. The gains contrast with May, which was affected by the Chinese and US tariffs on each other's goods.

Equities have also been boosted by the potential of more simple monetary policies coming in from the Federal Reserve. The Federal Reserve said last week that it would “act as appropriate” with the intention of maintaining economic growth. The result of this is that traders are pricing in a 100% probability of rate cut in the next month.

Mike Mangieri, the managing partner at Seven Points Capital said:

“It’s the Fed and nothing else matters. It’s like the pre-defined trade now. There’s no worry. And if there is worry, the Fed will put a Band-Aid on it.”

General risk warning: Finance24 is not a licensed financial advisor. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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Bitcoin Trading News South Africa

Global stocks are on the way to see the best first half in over 20 years

The global stock market is on track to deliver its best first-half performance in over two decades years as American shares surge to record highs.

The growth of the stock market is because central banks around the world have signalled that they will reduce interest rates or release new incentives to aid with problems related to growing global headwinds.

Last week, the US Federal Reserve held interest rates at between 2.25% and 2.50% but have issued that they will make cuts soon.

The move helped increase the S&P 500 US stock index to a brand new high of 2,964.15 on Friday. In turn, this reduced the dollar’s value, making US exports more competitively priced. It also helps companies with cheaper borrowing potentials.

As a result, the MSCI World index is now on the way to achieve its best first-half performance in 22 years. It has climbed 16% so far this year.

The potential that trade talks between the US and China will be restarted has also sparked an increase in American and global stocks. Last week, the US President Donald Trump declared that he would be holding a meeting with China’s President Xi Jinping at the upcoming G20 summit.

The Fed is the most recent central bank to crack against financial constriction. The European Central Bank stated earlier this month that it would maintain interest rates at low levels until the second half of 2020 at least.

Its direction had previously stated that rates would be kept until only the end of 2019, but slow Eurozone growth and flat inflation have put pressure on the bank, so its key lending rate will stay at 0%.

Barclay’s Christian Keller and Michael Gapen, said:

“We now expect [central banks] in India, Indonesia, Korea, Russia, South Africa, Turkey and Brazil… to cut their policy rates, albeit at different magnitudes and with different timings. In our view, the Fed is likely to ease even if the outcome of G20 talks between the US and China lead to some reduction in trade tensions”.

General risk warning: Finance24 is not a licensed financial advisor. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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Bitcoin Trading News South Africa

You should consider buying these three Warren Buffett Stocks now

The world’s top financial expert is doing it, and you can too.

Investors listen closely to how the CEO of Berkshire Hathaway Warren Buffett puts his fortune of more than $80 billion to work.

Most of his wealth is held in shares of Berkshire Hathaway, where Buffett, and his two key stock advisors Ted Weschler and Todd Combs, control a portfolio of industry-leading companies.

While that might not mean that all investors should imitate Berkshire's portfolio, it does beg the question: Are there any stocks backed by Buffet that are worth buying today?

Power in retail

Costco (Steve Symington)

We all know that Buffett respects robust businesses with sustainable models, so it’s not surprising that Berkshire Hathaway owns a 1% stake in Costco currently. This in total is worth nearly $1.2 billion.

The warehouse retailer has flourished despite the increase of low-margin internet competitors. This is because of factors such as the simple operating structure, consistently growing store base, a loyal base of members, and its own industry initiatives.

Furthermore, Costco is readying to streamline its business with plans to include self-checkout kiosks to hundreds of their locations in upcoming months.

With their shares trading at all-time highs now, it's obvious that Costco is being compensated for its relative achievements. With a dividend giving around 1% a year at today's prices and no clear sign of the fundamental business losing steam, it seems as though the shares are still worth buying, especially for the patient, long-term investors.

A piece of the pie

Apple (Keith Noonan)

When Berkshire made Apple its largest stock holding, it showed an important vote of confidence. However, investors have had to deal with diminishing iPhone sales and the potential outcome that the leading tech company might not be able to depend on its mobile phones to drive innovation and growth.

While that might be significantly risky for Apple, the business still looks like it’s in a pretty good position to succeed long-term. It would be facile to believe that Apple’s growth revenues are shut down, with opportunities arising between the expansion of its software and operations ecosystem and the introduction of new devices showing unprecedented technology.

Apple already has a percentage of third-party sales through the App Store and its leapt to move into entertainment services through subscriptions such as Apple Music. These ideas have helped services revenue increase by 16% year over year last quarter, with more still to come. The business has developed and is releasing a video streaming and gaming service. As more users buy products and services in-app, the mobile features have become even more cohesive into everyday business.

A profitable jungle

Amazon.com (Chris Neiger)

Berkshire Hathaway was quick to buy shares of Amazon in the first quarter of this year. Whenever Buffett looks to make an investment, it's worth looking into. Amazon is the biggest online retailer in the U.S., boasting about 38% of all e-commerce sales in the country.

Amazon's spearheading the market has given the company a massive advantage. If we consider that only 10% of all U.S. retail sales happen on the internet now, there's still a lot of room for more development as individuals head towards the tech side.

The company also makes a profit from its expanding advertising business, as well as its Amazon Web Services cloud computing company. The cloud service is Amazon's main profit generator now and is the biggest in the industry. As cloud computing is poised to become a $278 billion market by 2021, there’s little doubt that Amazon will benefit from this for years.

General risk warning: Finance24 is not a licensed financial advisor. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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General risk warning: Finance24 is not a licensed financial advisor. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

About Us

Finance24 brings you the latest business news 24 hours a day 7 days a week.

The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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General risk warning: Finance24 is not a licensed financial advisor. Any investment activities involve a high risk. For this, trading is not recommended to all types of investment. Before engaging in investments, you should be fully aware of any and all risks involved. Finance24 is not responsible for any trading loss incurred.

About Us

Finance24 brings you the latest business news 24 hours a day 7 days a week.

The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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