Comsumers will have to tighten belts

2016-06-29 06:00

CONSUMERS are set to dig deep into their pockets to pay for new transport fares and basic municipal property rates and taxes, as well as for the provision of drinking water.

All new municipal tariffs for property rates and taxes, water and electricity come into effect from Friday (01/07).

With new financial terms beginning, new tariffs are increasing in most municipalities across South Africa.

The Mangaung Metro has approved an increase of 8% across the board to come into effect on Friday. Sewerage tariffs will increase by 8,2% for both residential and non-residential areas, water tariffs will increase by 8% and electricity tariffs by 11,29%.

Regarding electricity, consumers currently get 64,5 units for R100, lasting for eight days if used mainly for lights and appliances such as fridges and televisions, as well as to heat water using a kettle. The new increase means they will get less than 64,5 units for R100.

Bus transport fares will also increase, as approved by Interstate Bus Lines. Consumers commuting to work and back daily will be the most affected by the increase in transport fare also coming into effect this Friday. Faced with having to dig deeper into their pockets are workers living in the Mangaung Metro towns of Botshabelo and Thaba Nchu who commute to work daily using Interstate Bus Lines.

The bus company, the largest transporter of commuting workers within the greater Mangaung, announced an increase of 8,5% for multi-journey coupons and a 5% increase for cash tickets.

Increases in municipal tariffs and transport fares add to the residents’ already high cost of living, many of them living below the poverty line.

Increases in municipal basic services and transport follow a sharp increase in the price of fuel X petrol, diesel, gas and paraffin X which many South African depend on to cook and warm their homes.

Fuel has increased twice this year, during April and May.

The price of diesel has increased to 97,7c/F‚ paraffin to 76c/F, liquid petroleum gas to 110c per kilogram and petrol by 86c/F for 93 octane and 88c/F for 95 octane.

During May, fuel increased by 20 cents on average.

Increases in both April and May saw the price of staple foods soaring as well.

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