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An economist who has been keenly following campaign trails of different political parties ahead of Wednesday's elections has observed that parties have not come up with direct ways to address an issue that faces South Africans, the rising cost of living.
The rise in the cost of living has left almost half of SA's population resorting to purchasing groceries on credit, while 20 million have gone a year without electricity. 20 million South Africans cannot afford to buy electricity, while 40% suffers from food insecurity.
Nearly half of South African adults are struggling to afford food and electricity, highlighting the pressing financial challenges consumers are facing, according to FinMark Trust's annual “FinScope Consumer South Africa” report for 2023.
South Africa's Treasury said in its 2024 budget review that this year will see the Intergovernmental Fintech Working Group putting more effort into studying the possible use cases of stablecoins and
Prisca believes her mother would have protected her if she had been there.