South Africans face a wave of cost increases from this week.
South Africans face a financial double blow this month as record fuel prices and electricity tariff increases take effect.
The group has also indicated that it plans to ask for a further 15.07% increase in 2024 and a 10% increase in 2025. However, this will depend on the actual increase that Nersa grants Eskom this year, with the regulator rarely giving the power utility the full increase that is asked for. Motorists already paid R1.46/litre more for petrol in March, with the risk of a similar increase in April.
Multichoice has announced a 2.7% weighted adjustment across all of DStv’s packages, with the price of DStv premium now rising by R10 to R839 per month.Vodacom said it capped the increases at 5.3%, and that the increases would only apply to subscription fees. Instalments on devices will not be affected by the increase.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Emergency petrol price intervention announced for South AfricaThe government will intervene to soften South Africa’s record-high petrol price in April, says finance minister Enoch Godogwana.
Read more »
Petrol tax cuts for South AfricaFinance minister Enoch Godongwana has announced the South African government will introduce emergency measures to help reduce the pain motorists are set to feel at the pumps next month.
Read more »
South Africans would 'gladly' pay for Mbalula's one-way ticket to the moon, says DA's SchreiberSouth Africans would ‘gladly’ pay for Mbalula’s one-way ticket to the moon, says DA’s Schreiber
Read more »
South Africans have a low level of trust in their police - here’s whyThe legitimacy of legal authorities is recognised globally as crucial for the state’s ability to function in a justifiable and effective manner. This applies, in particular, to the police. Recently, South Africa’s Defence Minister Thandi Modise lamented the low level of public trust in law enforcement agencies in the country. In particular, the minister, who also heads the country’s Justice, Crime Prevention and... Read more →
Read more »
4 scenarios for price hikes in South Africa in the coming monthsProfessional services firm PwC has published an updated financial forecast for South Africa on the back of Russia’s invasion of Ukraine and global inflationary pressures.
Read more »
Plug pulled on Ford Fiesta in South Africa, Figo to followFor now, the future of the EcoSport is unknown as two factories provided it to South Africa.
Read more »