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In City Press Business today: Eskom hike will squeeze consumers, how to rip off a bank

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In City_Press Business today: Coming on top of petrol price rise and higher taxes, the Eskom price hike will threaten job security and reduce disposable income; IMF report says SA has fair budget for education, but teaching and learning is of poor quality

These are some of the headlines in your City Press business section today.Coming on top of a petrol price rise and higher taxes, hiking the electricity price will threaten job security and reduce disposable income.The ANC came under fire at the Black Business Council summit on Friday for its role in the hundreds of billions of rands estimated to have been lost because of corruption and state capture.

Following City Press’ articles last week about corporates ousting pharmacies from malls and shopping centres, one of the pharmacy owners who spoke out against the practice was served with a letter threatening to evict her.An IMF report mentions that while South Africa has a fair budget for education, the teaching and learning is of poor quality.A former Financial and Fiscal Commission employee has called for the organization to publicly release a controversial forensic report.

 

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