PETROL UP, DSTV UP, WHAT ELSE?
Okay, so we’re getting a little wide-eyed at the sudden deluge of PRICE INCREASES that took place last week. Sadly, they are no April Fools Day jokes!
PETROL PRICE INCREASED BY UP TO R1.34 PER LITRE ON 3 APRIL
The price of 95 unleaded went up by R1.31 per litre in Gauteng. This brings the price to R16.13 per litre. 93 went up by R1.34 per litre. Diesel increased by 81c per litre in Gauteng.
ELECTRICITY INCREASE FROM 1 APRIL
As mentioned last week, Nersa granted a price hike for Eskom to raise its prices by 25% over the next three years.
According to this article on BusinessTech, the first of these increases, coming in at just over 9.4%, will come into effect from 1 April:
“On top of the price hike, Nersa also previously granted Eskom permission to recover R7.8 billion through a Regulatory Clearing Account (RCA) application, which will see a further 4.4% added to the total over the period.
With the RCA included, the total price hike for electricity from April will see consumers paying just under 14% more for electricity from this month.”
DSTV PRICE INCREASE FROM 1 APRIL
This might be the straw that breaks the camel’s back – DSTV recently announced a price increase that also came into an effect on 1 April.
Unless you subscribe the DTSV Premium package, the price of your package will probably have gone up.
(Image source: BusinessTech)
Just when you thought you could drown your sorrows, this financial year will also see a 12 cents increase in the excise duty on a can of beer (now R1.74), a 22 cent increase in the excise duty of a 750ml bottle of wine (now R3.15) and a R1.14 cent increase in the excise duty of a pack of 20 cigarettes (now R16.66).