News & Updates

ACT AGAINST LOAN SHARKS

N Maseko-Jele A new report by the Stellenbosch University (SU) Law Clinic reveals unscrupulous lenders use a bag of tricks to side-step the legal requirements of the garnishee order system, which limits the amount that can be deducted from an employee’s salary to a...

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CITY OF CAPE TOWN ELECTRICITY TARIFF

J Mkhwanazi We are concerned at the arrogance displayed by the DA towards its citizens in its unlawful 17.6% electricity tariff imposed by the City of Cape Town for the 2023/24 financial year, which contravenes the distribution licence provided by the regulator. Nersa...

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CONSUMER INFLATION LOWEST IN TWO YEARS

PN Abrahams Annual consumer inflation slumped to 4,7% in July from 5,4% in June. The rate in June is the lowest reading in 20 months (since October 2021) when the rate was 5,0%. The main contributors to the CPI decrease include food and non-alcoholic beverages and...

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