New index shows cost of living rising faster for SA’s poor

Singapore News News

New index shows cost of living rising faster for SA’s poor
Singapore Latest News,Singapore Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Bloomberg’s new Shisanyama Index shows the average price of a backyard braai in the likes of Soweto jumped 11% from a year ago.

The beloved braai or shisa nyama may just be urban legend for millions of impoverished South Africans. Picture: MOELETSI MABE

Bloomberg’s new Shisa Nyama Index shows the average price of a backyard braai in the likes of Soweto, jumped 11% from a year ago. That compares with a 7.6% year-on-year increase in consumer prices in October, as measured by Statistics South Africa. The index is a window on the impact of inflation on South Africa’s most vulnerable consumers, with even just the cost of onions rising faster than the price of fuel. The vegetable’s price rose 23% month-on-month and has climbed 78% in a year. Over the 12 months, the cost of diesel increased 53%.

The total cost of buying all the supplies in bulk to prepare a shisanyama has risen 24% to R1,756, from R1,414 in January 2021. South Africa’s national minimum wage would have had a general worker earning R3,895.92 in October, according to the PMBEJD survey.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LEGAL BATTLE: E Jean Carroll sues Trump for criminal battery under new New York lawLEGAL BATTLE: E Jean Carroll sues Trump for criminal battery under new New York lawFormer President Donald Trump was sued for battery under a New York law that took effect Thursday, expanding his legal fight with a former Elle magazine advice columnist who claims he raped her in a dressing room in the 1990s.
Read more »

Rwanda: RwandAir Breaks Another Record - Its OwnRwanda: RwandAir Breaks Another Record - Its OwnOpinion - When RwandAir started flying to London 5 or so years ago, I shared my excitement and optimism through this esteemed publication. I shared how people used to traverse many geographical territories to reach this beautiful land of ours. I wrote how I felt it would open up new opportunities, a new market for Rwandan products, new connections, new networking opportunities between Rwandans, the British people in particular and Europeans in general.
Read more »

New South African braai index – tracking the rising cost of SA’s favourite activityNew South African braai index – tracking the rising cost of SA’s favourite activityBloomberg has launched a South African braai index – showing the real impact of inflation on the country.
Read more »

New Netflix series shows episodes in different order for each subscriberNew Netflix series shows episodes in different order for each subscriberNetflix explained each episode would be named after a colour, and viewers will start watching the show in different places.
Read more »

OPINION | Australia has a new Electric Vehicle Discount Bill - why South Africa should follow suit | LifeOPINION | Australia has a new Electric Vehicle Discount Bill - why South Africa should follow suit | LifeGeorge Mienie, AutoTrader CEO, shares his take on why SA should follow in its Australian counterpart's footsteps with their new bill to incentivise electric vehicles. | News24Motoring
Read more »



Render Time: 2025-08-23 01:52:39