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No more blood to squeeze from these stones

Friday, January 28, 2022 | 3130 Views |

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:

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No more blood to squeeze from these stones

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

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!