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South Africans pay R6,700 more for iPhones than in the United States
South Africans are paying around R6,700 more for the iPhone 16 than their American counterparts. However, at least half of this extra cost can be explained by the 15% VAT and 9% ad valorem duty the taxman levies.
Apple's latest addition to its smartphone catalogue was the iPhone 16, released on 20 September at a retail price of $829 or R14,872. At the time, the exchange rate was R17.94 to the dollar.
South Africans are paying around R6,700 more for the iPhone 16 than their American counterparts. However, at least half of this extra cost can be explained by the 15% VAT and 9% ad valorem duty the taxman levies.
Apple's latest addition to its smartphone catalogue was the iPhone 16, released on 20 September at a retail price of $829 or R14,872. At the time, the exchange rate was R17.94 to the dollar.