Posts tagged with 'consumers'

 

Eskom cannot deliver sufficient and sustainable power, ANC regime now approves alternative options

Posted on by Leave a comment

The ANC regime has finally realized that Eskom is unable to provide sufficient, and sustainable, electricity to consumers.

The news that the government has agreed that municipalities may start their own power supply is a complete turnaround in policy and is also contrary to the AMC-SACP alliance’s communist approach to control everything for everyone.

There are suspicions that several larger municipalities will do their homework, but informed sources believe the new step could lead to greater corruption and poor service delivery since no municipality has the skills to set up and operate its own power plant.

 

Continue reading…

Enjoyed this post? Share it!

 
 

Livestock actions banned in Gauteng, Mpumalanga and Limpopo following outbreak of foot-and-mouth disease – consumers can prepare themselves for some hefty price increases for meat products

Posted on by Leave a comment

TAU SA is shocked after the announcement that livestock auctions in Limpopo, Mpumalanga, Gauteng and North West have been suspended until further notification by the Department of Agriculture, Land Reform and Rural Development. This announcement follows after the outbreak of foot-and-mouth disease in the Molemole district of Limpopo.

“This is a big blow to the livestock and game farmers in the country, who are already being forced to their knees by the drought,” says Mr. Henk van de Graaf, the regional chairman of TAU SA Norht. “The sale of herds was the only remaining solution for farmers who no longer have food for their animals and now this way of escape is also removed.”

TAU SA realizes that serious action must now be taken to prevent the highly contagious disease but they do not believe that suspending auctions will solve the problem. Rather, the government must ensure that the measures originally put in place must be strictly adhered to an
Continue reading…

Enjoyed this post? Share it!

 
 

Economist says consumers are facing a bit of pressure things could get tougher in SA

Posted on by Leave a comment

JOHANNESBURG – While the latest retail trade figures show a slight increase in consumer confidence, there were fears that pressure on consumers’ income may still decrease sales.

Statistics South Africa released a report on Wednesday, showing an increase in retail sales which boded well for economic growth.

The main contributors to the increase were clothing, footwear, leather goods and general dealers.

The report showed that South Africans were tightening their belts amid tough economic times with food, beverages and tobacco recording negative growth of minus 0.1%. Annual growth sales for household furniture and appliances, however, showed growth of 5.2%.

Economist Isaac Mashego said these figures were encouraging.

“It does show some stability in consumer spending. Looking at unemployment figures, it shows that consumers are facing a bit of pressure and things could get tougher.”

Mashego said interest rate cuts a
Continue reading…

Enjoyed this post? Share it!

 
 

Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt

Posted on by Leave a comment

In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects.

The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding.

In addition to the enormous R2 billion it cost daily to endure load shedding, it has a very negative impact on potential investors abroad.

The recession in which SA is currently, along with the tremendous debt burden of the state, forces the Finance Minister to take unfavorable measures to balance the scale, but cannot tamper with it because the election is at the door.

He says there is no reason to think that it will improve in the economic sphere in the second half of 2019, because the Rand is doubtful, gold mines are shaky because of the power supply’s load shedding, and this increases the possibility of higher unemployment. means that less personal tax i
Continue reading…

Enjoyed this post? Share it!