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South Africans are running out of options
Cape Argus
|April 22, 2025
SOUTH Africa may be winning the battle against load shedding, but we are losing the war on affordability. And it is not just about electricity any more a looming VAT increase threatens to push stretched households even further.
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A recent Debt Rescue survey has laid bare the reality that 86% of consumers are already cutting back on their groceries, transport and some even school fees just to keep the electricity flowing. And that was before the 12.7% tariff hike kicked in. Now add a possible VAT increase on May 1, and then pressure becomes unbearable.
Diese Geschichte stammt aus der April 22, 2025-Ausgabe von Cape Argus.
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