Consumers will have difficulty affording basic necessities: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 2022-04-23 11:26 PM
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ICYMI: Economist Dr Azar Jammine, says consumers, including those with fixed salaries, will have difficulty in the coming months affording basic necessities as a result of the inflationary pressures in South Africa.

[File photo] Customer paying a bill at a telleras a result of the inflationary pressures in South Africa.in March, from 5.

7% – marking the eleventh consecutive month inflation has been higher than the midpoint of the South African Reserve Bank’s target range of 3 to 6%.Jammine says consumers’ ability to spend has been eroded.Share article

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Its painful and only poor citizens will be severely affected because of unequal distribution of wealth. SA is not democratic at all,democracy is for politicians only since they can politick with our own plight and think they are powerful

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