The cost of living is rising but our wages aren’t. Municipal rates across the country are increasing. These new rates will affect millions of city-dwellers.
Water, electricity, trash removal, property tax, and municipal bus services will be affected.
Neil Roets says that consumers who are already in debt will simply not have any money left for basic necessities and services nor be able to pay off their current credit agreements.
Listen to our radio interview on Jacaranda FM for more information.