Relief for SA consumers: Standard Bank's Marc du Plessis weighs in

2 hours ago 38


With a petrol price reduction of One-Rand-Seven-Cents over the last 2 months, an interest rate reduction of 25 basis points and a slowing of consumer and food inflation, South African households are beginning to breathe a sigh of relief. However, the threat of rising electricity costs remain an existential threat to household finances. Where does this leave South African consumers? For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.