
A TikTok showed South African 1980s prices compared to today, sparking nostalgia and frustration as inflation made essentials far more expensive.
A TikTok showed South African 1980s prices compared to today, sparking nostalgia and frustration as inflation made essentials far more expensive.
South African Reserve Bank Governor Lesetja Kganyago announced that the interest rates have been cut by 25 basis points to 8%, which did not impress many.
The South African Reserve Bank governor Lesetja Kganyago is expected to announce the interest rate today, and economists are expecting an interest cut.
An equivalent buying power index is calculated on R100 and what it bought you in 1980 in South Africa compared to prices of grocery items in 2024.
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