Cost of living | South Africans borrowing money to fund groceries

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Cost of living | South Africans borrowing money to fund groceries


The General Industries Union of South Africa (GIWUSA) says it is disheartened by the findings of the Pietermaritzburg Justice and Dignity Group regarding the impact the high cost of living has had on the working class and poor people during the month of March 2024. According to the latest FinScope Consumers South Africa 2023 Survey, 40% of…

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19 Comments

  1. Cost of living has little to do with it but Africans have forsaken some of the best qualities that define what it is to be African.

    There was a time you did not need to ask for help but you would be asked in the society if you need any help or sometimes have it offered without you even asking: Thus although poor but it was not easy for crime to prevail among us till now.

    Let me give you an example to show how this works against us:

    I'm an unemployed National Diploma graduate in Electrical Engineering and I've been looking after my mother till she passed 3 years back.

    I then heard and began to learn about trading thus I now have coded a highly efficient Expect Advisor that I can only trade on a demo account.

    The irony in this is that I can think of many people who could afford to help me fund my account with just $200.00 and get thousands in return to solve all their financial needs but their attitude is such that they'd rather watch me struggle alone waiting to come closer once I've gotten out or laugh/mock if I fail.

    This is part of the main reason why we are easy to exploit and abuse.

    On my side I've recently been a contestant in a local TV game-show where I won some money to fund my account, now my question is; am I not gonna be justified in continuing like everyone else, even though I'm gonna be in a position that could help a lot of people. One of the things that I've learned is not to help someone who doesn't see their problem if you want to avoid unnecessary problems.

  2. Thats true people are going into debt just to provide food for the family
    Our government is just a waste of time.
    Change will never happen not in the next thousand years…..

  3. I just walked past feathermarket in CBD of port elizabeth, and if you could see the amount of people standing outside to apply for government temporary jobs is just insane, absolutely insane, very worrying where this country is headed, in all aspects…And throwing some small jobs for unemployed just to get votes, shameful

  4. South African's trying thier utmost best to drive illegal immigrants out,through 1 Avenue, while the other avenue's ready for either price hike, while poverty is in the increase, banks on the other side increase interest rates how must people survive Ramaposa please 🙏 just leave or step down one side you making people to believe you for what you doing on the other side yet the same way money is used for groceries and other household expenses, please 🙏 what kind og game is this can someone explain, Ramaposa is a thrillionare and his politicians millionaire they can afford they luxurious entertainment lifestyle however poor people must still suffer…….I hope and trust all that thrillions and millions are repaid back to the state so poor people no more suffer the worse consequences

  5. And everything but everything is going up by 10 and 20% on a monthly basis. For example. My chronic medication went up by 30% in one month. And continue on a monthly basis. Groceries, petrol Healthcare, and the list just go on, not even mentioning internet would you pay a full premium but only get a Quarter off the service. Electricity went up…….. but load shedding and service just went down down down. Everybody is talking about it complaining about it but just absolutely nothing gets done.

  6. Hoekom se hulle dit verons vote da ek stel nie belang in wat die anc te se het nie hulle het hulle kans gehad alles is nou tot niet vote da proudly coloured vote for da

  7. The unions, ANC, tripartheid alliance are responsible for the rising cost of living.

    The communist do not know how to make more ‘pies’.

    They just keep dividing the same amount of ‘pie’ amongst more and more people, so the prices go up.

    Unionised social communism is the problem.

    I hope South African voters can be educated enough to understand that the way they vote, is the ropt cause of the problem.

  8. July 1 will be a real shocker awaiting.

    "Property rates, electricity, water, sanitation, and refuse removal are just some of the services that will see an increase in fees."

    Rand also weaker and if war with Iran escalates Petrol can jump further and looks like SAs hopes on interest rate cuts also hanging by a thread. But like usual people vote for criminals then cry on TV.