mmegi

No more blood to squeeze from these stones

Out of reach: Cooking oil prices rose by 28% last year, highlighting the difficulties consumers faced in the economy
Out of reach: Cooking oil prices rose by 28% last year, highlighting the difficulties consumers faced in the economy

The stampede of tax and levy introductions and increases that broke out last April and ran rampant over the economy means ordinary citizens simply do not have the ability to help government cover shortfalls in the budget. Staff Writer, MBONGENI MGUNI reports

Thanks to the increases in various administered prices last April, inflation, or the rate of increase in the prices of goods and services, has been trending at nine-year highs, effectively slapping many commodities out of the hands of citizens.

Administered prices which went up last April include:

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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