Consumers Are Urged to Spend Wisely
02 December 2014.
The IFP urges all consumers to exercise
discretionary spending as the festive season is now upon us.
"During the festive season consumers who have collected year-end bonuses have extra cash to spend on luxury items and get caught up in the festive spirit.
This leads to lavish spending on non-essential
items with the result being that consumers may find themselves out
of pocket at the beginning of the new year. It is important to
budget wisely, keeping in mind that money needs to be set aside to
meet essential expenses such as school fees, uniforms, rates,
university or college fees and other unforeseen expenses", said IFP
Spokesperson on Economic Development, Inkosi Mzamo Buthelezi MPL.
"The drop in the fuel price this week should not
be seen as a windfall that will lead consumers to have extra cash to
spend on other items. Fuel prices fluctuate all the time and the
prices of other commodities are always on the rise. As we get closer
to the festivities, retailers will use various means to entice
shoppers to spend and we would like to advise consumers to spend
wisely keeping in mind their contractual obligations and essential
expenses that have to be met in the new year", concluded Inkosi
We take this opportunity to wish all a very safe
and enjoyable festive season and a prosperous 2015.
Inkosi Mzamo Buthelezi, MPL, IFP Spokesperson on Economic Development , 072 390 6112
For Media Enquiries:
IFP KZN Provincial Legislature Media Liaison Officer, Mr Phendulani Biyase, 073 024 5675