For South African households, keeping track of everyday expenses can be challenging when the prices of goods and services change. Inflation affects the cost of living by reducing what your money can buy over time, meaning the same salary may cover fewer expenses when prices rise. Also see: Budget-friendly tips to warm up your house […]
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In a financial milestone that highlights a dramatic operational shift for South Africa’s state power utility, Eskom has reported a massive annual profit of R30.3 billion for the financial year ended March 2026. The announcement marks a substantial turnaround for the power giant, showing a doubling of profits as operational improvements, reduced diesel spend on […]
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The South African Reserve Bank (SARB) has opted to keep its main lending rate unchanged at 6.75% during the Monetary Policy Committee (MPC) meeting held on Thursday, aiming to further monitor inflation expectations before any potential shifts in monetary policy, reports Cape {town} Etc. This decision follows a prior reduction from 8.25% at the beginning of […]
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In a turn for South African consumers, headline consumer inflation has surged to 3.5% in July, up from 3.0% in June, Cape {town} Etc reports. This marks the highest inflation rate observed since September 2024, when it peaked at 3.8%. Significant price increases across various sectors were recorded, with an average uptick of 0.9% between June and […]
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After what felt like a never-ending cycle of chaos, South African citizens can exhale the weight of worry as Finance Minister Enoch Godongwana announced the reversal of the controversial proposed VAT hike. Between the EFF, DA and Action SA, who does mzansi have to thank for saving the day? 12 March 2025 has gone down […]
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As South Africans grapple with the rise in living costs, the impact of inflation is being felt more than ever in our daily lives. With prices for essential goods and treats skyrocketing, many find themselves forced to reconsider their spending habits. In this context, user @onetkwonder took to TikTok to call out Woolworths for the exorbitant […]
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With the coronavirus pandemic, continuous load shedding and several other factors affecting the rate of South Africa’s inflation, many citizens are now shocked to discover that even some of the most basic sandwich spreads can now cost you an arm and a leg. Taking to social media platform X (formerly Twitter), one user shared a […]
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