How the current price hikes effect you, and what you can do about it

How are you coping with the price hikes that are popping up left, right and centre?

Eskom has announced tariff hikes effective from the 1 April.

Electricity prices will be 22.7% more expensive in three years’ time.

On the other hand, the Energy Department announced that the price of 95 octane petrol will increase by R1.31 a litre in inland provinces, while motorists on the coast will have to fork out R1.26 more.

Eusebius McKasier engaged economists on the state of the economy and what the current hikes mean for the ordinary citizen.

READ: Petrol to increase by more than R1.30 at midnight

We have the lowest savings now in many many years.

Dr Azar Jammine, Chief Economist - Econometrix

The property sector is more depressed now than many years. This is the time to buy property.

Dr Azar Jammine, Chief Economist - Econometrix

Currently, the inflation rate is 4.1 per cent. So the average for the year we think it will be around 5.3 per cent.

Busisiwe Radebe, Economist - Nedbank

Listen to the full interview below...


Recommended

by NEWSROOM AI
Read More
Women in the workplace: 'It's no longer a token gesture, it's about credentials'

Women in the workplace: 'It's no longer a token gesture, it's about credentials'

Executive coach Dawn Klatzo joins Eusebius McKaiser in studio to unpack continued underrepresentation of women in the workplace.

'This was not blackface, it was bad makeup,' insists Dis-Chem store manager

'This was not blackface, it was bad makeup,' insists Dis-Chem store manager

Killarney Mall branch manager Tarryl Moonsamy says the staff member brought her own mannequin and did the display.

[LISTEN] Robert McBride reflects on his upbringing and political life

[LISTEN] Robert McBride reflects on his upbringing and political life

The former Ipid head sat down with Eusebius McKaiser for a profile interview.

'Stop pointing fingers and offer practical solutions in fight against crime'

'Stop pointing fingers and offer practical solutions in fight against crime'

Eusebius McKaiser has a frank conversation about crime in South Africa with anti-crime activist Yusuf Abramjee.

Petrol to increase by more than R1.30 at midnight

Petrol to increase by more than R1.30 at midnight

Chief Economist at The Efficient Group Dawie Roodt explains why the fuel increase is high.

How Tuesday's petrol price hike effects you

How Tuesday's petrol price hike effects you

Economist Lullu Krugel outlines the knock-on effects of the latest petrol price increase.

Popular articles
Wait - why did that debit order go off so early?

Wait - why did that debit order go off so early?

Wendy Knowler, consumer journalist, on Nedbank's early debit orders.

Budget 2020: The big surprise was two billion rand in tax relief

Budget 2020: The big surprise was two billion rand in tax relief

Individual tax payers are actually better off as a result of Budget 2020.

$7 trillion could save the world but not in the way you might think

$7 trillion could save the world but not in the way you might think

A billionaire asset fund manager has told global CEO’s to focus on climate change.

Budget 2020: The good, the bad, and the ugly

Budget 2020: The good, the bad, and the ugly

The Money Show asked three economists for their views on the pros and cons of Budget 2020.

 Magistrate Desmond Nair provisionally suspended over Bosasa allegations

Magistrate Desmond Nair provisionally suspended over Bosasa allegations

Nair was charged with two counts of misconduct in November last year following a preliminary investigation by the ministry.

Literacy Project to empower caregivers of pre-school children

Literacy Project to empower caregivers of pre-school children

CEO Steven Roux says they identified that there is a significant number of children who are not getting access to good creches.

Frustrated judge tells Dudu Myeni to answer questions directly - report

Frustrated judge tells Dudu Myeni to answer questions directly - report

The former SA chairperson was giving evidence in the delinquency case brought by Outa and the SA Pilots Association

Mboweni allocates R60-billion for SAA and Eskom

Mboweni allocates R60-billion for SAA and Eskom

Economist Dr Sean Miller says Eskom is a national problem and it is going to need to be bailed out.

Budget 2020: Finance Minister Mboweni's full speech

Budget 2020: Finance Minister Mboweni's full speech

The documents that underpin Finance Minister Tito Mboweni's annual Budget Speech paint a picture of an economy in a serious crunch.

Mboweni announces R2 billion in personal tax relief

Mboweni announces R2 billion in personal tax relief

Relief for taxpayers will come through above-inflation increases in all tax brackets and will be welcome news, although excise duties on alcohol and tobacco go up along with a 25 cent a litre increase in fuel levies.