Economist warns of SA Households Using Credit For Food Items

South African households are in an affordability crisis according to the Pietermaritzburg Economic Justice and Dignity Group (PMBEJD). This as rising fuel prices and interest rates put further pressure on already stretched budgets. The group says the crisis is forcing households to make a trade-off between the cost of food and its nutritional value, and this can also be seen in the choices households make at the point of purchase. Meanwhile, the Competition Commission's latest Cost of Living report released early this year also revealed that South Africa's affordability crisis is increasingly driven by administered and essential costs, rather than discretionary spending. Bongiwe Zwane earlier caught up with Andiswa Sibhukwana , Economist with the Competition Commission...