How prices changed in South Africa over the last decade

[Shadowchaser1]

Ex SA Cit. I would like to know if any news from MBB is fact checked and can they proof it. it also seems when they have no news to report on they dig up old articles, modify them and there you go. News 24 is a very left news agency. They belong to Naspers, who has ties with Tencent and WeChat, who has ties with the CCP.

 

[Rocket-Boy]

It would be awesome if you guys don't just report on the BS numbers Eskom state we pay per kWh. No one in SA pays R1.11 per kWh. At best if you remain within tier 1 you will pay around R1.75 per kWh and if you have a functioning home with multiple people in it using electricity you will most likely end up within tier 4 which would be around R2.80 per kWh.

Reporting on bs numbers just underplays the actual prices regular citizens pay for electricity and going by this reported R1.11 is easily 50% under-reported.

Electricity (kWh)

R0.42

R1.11

I disagree, its a baseline number that Eskom charges. They would need to check the pricing of every single municipality in SA and average them out to get the numbers you are suggesting.
If you compare the same baseline that existed in 2010 and now then you are still comparing apples with apples.

 

[Swa]

Another missed opportunity. Comparing direct prices is useless as those same prices determine inflation. This is the point I've tried to get across to people over the years. The real measure is international purchasing power. Mybb had the perfect opportunity here to measure in Big Mac pricing. We are still way too expensive with most of these.

 

[WaxLyrical]

MWEB still stuns the market - with how a nothing company they've actually become.

 

[John Tempus]

I disagree, its a baseline number that Eskom charges. They would need to check the pricing of every single municipality in SA and average them out to get the numbers you are suggesting.
If you compare the same baseline that existed in 2010 and now then you are still comparing apples with apples.

Not a single consumer in SA pays R1.11 per kWh. At the very least they could thumbsuck their own average rather than completely missing the plot when it comes to consumer cost.

They could literally use the lowest consumer pricing and the highest consumer pricing and average it based on those low and high numbers and it would more accurately reflect what actual consumers pay.

This is lazy journalism or journalist actually believing that consumers pay R1.11 per kWh which would be on par with the CEO of Eskom article just few days ago where the he cited that SA consumers still pay very little and quoted imaginary cost per kWh much much lower than what consumers pay in the real world.

re: comparing same baseline. Sure, lets compare a price no consumer paid in 2010 vs a price that no consumer pays today. The increase in pricing from 2010 to 2020 directly affected consumers more than the "proposed" 44c to 111c price increase so again the 2010 with 2020 comparison is completely useless.

 

[Swa]

MWEB still stuns the market - with how a nothing company they've actually become.

This article gives them far more credit than they deserve. It was changing times and broadband was becoming cheaper in general. What Mweb did was take a product others were selling and oversell it. Eventually this led to people receiving mails that they were contravening the Ts&Cs when in fact Mweb was using usage as the sole measure of who got the mails. They were then offered a more expensive product like the other ISPs were selling so it wasn't a true uncapped product but simply bs marketing from Mweb. Other ISPs then launched competing true uncapped products.

The Mweb saga is simply a snapshot of the market history but it wasn't the catalyst as the market was already heading that way. I can't say I'll miss them when they're gone.