News & events


01 March 2021

‘People are left with the bare bones’ as food, fuel and electricity price hikes bite

IOL News

Cash-strapped consumers face tough times as food prices increase, petrol prices rise and a looming hike in the cost of electricity is on the cards.

Minister of Finance Tito Mboweni’s Budget speech this week was met with scepticism and did little to provide significant relief for struggling consumers who have to deal with the following additional costs:

Speaking at a conference held by the Department of Higher Education, Training and Technology on dispelling myths around Covid-19 and the vaccine, Dr Priscilla Reddy from the Human Sciences Research Council highlighted the socio-economic impact of the pandemic on households.

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IOL News

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