JOHANNESBURG – A significant number of South Africans experience financial woes at the beginning of every year, after the festive season splurge, which is normally kicked off by the Black Friday sale at the end of November.
With December salaries paid ahead of the festive season, the temptation to spend it on travel, gifts and family gatherings has proven to be irresistible for some, leaving certain consumers feeling distressed during the back-to-school period.
Amid the school stationery and uniform requirements, consumers are still faced with day-to-day expenses and debit orders, among others making January a bleak and anxiety-inducing month. However, the Competition Commission has made efforts to somewhat ease the burden.
The Commission has intensified its efforts to ensure that school uniform becomes reasonable and affordable for parents through extensive advocacy targeted at parents, governing bodies, retailers and schools.
In February 2019 the Commission signed agreements with several private schools following constructive engagements and remarkable cooperation by the schools which included Curro, Advtech and Reddam House.