Middle class crisis - with some petrol price hope for Christmas

Here are the top stories on BusinessTech that you might have missed this week Plans to eliminate medical aid credits for employees enrolled in registered medical aid schemes could cost the average South African household up to R14,640 per year. [BusinessTech logo]( [Top stories this week]( [◼ Middle-class South Africans getting ready to kiss over R14,000 a year goodbye]( Plans to eliminate medical aid credits for employees enrolled in registered medical aid schemes could cost the average South African household up to R14,640 per year. [◼ South Africans are shooting themselves in the foot]( South Africans may be battling a challenging economic environment, but many respond in a way that makes things much worse for themselves. [◼ Good news for petrol prices in December]( Despite the rand giving up some of its gains this week, a weakening global oil price is keeping South Africa on track for another big cut to petrol and diesel prices in December. [◼ Massive R1.9 billion upgrade for one of South Africa’s busiest highways kicks off this month]( Road agency Sanral says that a R1.9 billion project to construct new roads and upgrade an interchange along a section of the N3 will launch this month, bringing traffic disruptions. [◼ Visa disaster for South Africa]( Home Affairs, has been accused of exacerbating South Africa's skills crisis by failing to deal with a visa system that appears to be causing self-inflicted damage on the economy. [◼ Cheapest retailer for groceries in South Africa right now – Woolies vs Checkers vs Pick n Pay and more]( BusinessTech’s grocery basket comparison collected the online prices of nine staple foods and products from seven major retailers – Shoprite, Checkers, Pick n Pay, Spar, Woolworths, Food Lover’s Market, and Makro. [◼ The best universities in South Africa – that rank among the top 200 in the world]( Times Higher Education has published its global university ranking by subject, showing which South African universities come out on top when looking at key subjects like computer science, engineering and physical sciences. [◼ Eskom relapses]( Power utility Eskom has reversed its momentum gained over the past few weeks, with load shedding making an unwanted return – and the system operator warning of outages in the landscape for years to come. [◼ Warning over new ‘school girl’ scam at petrol stations in South Africa]( While motorists are often on high alert for crimes such as hijackings or smash-and-grabs, an expert is now warning South Africans to look out for a new scam targeting motorists at filling stations – dubbed the “school girl” scam. [◼ South Africans can’t afford their homes]( Distressed house sales are on the rise as consumers cannot keep up with rising interest rates. [Facebook]([Twitter]([LinkedIn]([YouTube]( [Manage your Preferences]( • [View PDF]( • [Pause Subscription]( • [View Online]( This email was sent to {EMAIL} on 12-11-2023 is intended for opt-in communication only. If you feel this email is unsolicited please [report it]( to us Email Powered By Everlytic