Articles in Category: PACSA NEWS
Table 1: PACSA Affordability Tables: Income and expenditure for households of various socio-economic scenarios: October 2016. See Household H for National Minimum Wage of R3 500.
After a number of years of debating in NEDLAC whether South Africa requires a legislated national minimum wage covering all workers and if so, at what level should it be set, a panel of experts advised that the level should be set at R3500.00.
The PACSA food basket increased by R51.26 (2.8%) m/m from R1 860.60 in September 2016 to R1 911.86 in October 2016. Y/y the PACSA food basket increased by R273.50 (16.7%) from R1 638.36 in October 2015 to R1 911.86 in October 2016. Read the full report here
To: All media for immediate release.
Date: 13 October 2016
Subject: 2016 PACSA Food Price Barometer, Annual Report
Release to coincide with World Food Day on 16 October 2016
Increasing food prices deepens affordability crisis in low-income homes. Read more here
Food price inflation in the baskets of low-income households’ edge up to 20% year-on-year, with maize meal up 40%.
August 2016 saw the price of the PACSA Food Basket (a basket modelled to track food price inflation on low-income households) increase to its highest levels year-on-year.
Imagine if all old-age pensioners received a 13th cheque in December? Imagine the difference it would make? Pensions are used to teach, clothe and feed kids. Pension money is being used to escape more punitive debt arrangements and secure interest-free loans in stokvels. December and January are very hard months. A 13th cheque of R1 510 could be a strategic intervention to help families start the new year in a better space by contributing to school fees, clothes, shoes, stationery and omalume whilst also enabling the securing of friendlier debt arrangements. What do you think? If you support the idea join the campaign #13thchequeforpensioners. See full statement here.
The 2016 PACSA Food Price Barometer finds that increasing food prices is deepening the affordability crisis in low-income homes. This year’s substantial food price hikes, annualised at 15%, driven by the drought, has put enormous pressure on the wage and social grant and the strategies employed by households to absorb inflation. Women have expressed that they are really struggling to put food on the table. Read more here.
On Thursday the 28th July 2016 the first public interest case in the country to clarify the rights of citizens to access free basic electricity was to be heard in the Pietermaritzburg High Court. The case was brought by the Electricity Action Group [EAG], a group of mostly elderly women residing in low-income households from communities across Pietermaritzburg.