It’s worse now than at the height of the HIV pandemic – SA funeral industry
Death is a booming business right now, but costs are spiralling.
The funeral industry is on a temporary hiring spree to deal with the huge number of deaths due to Covid-19.
The cost of burials has, on average, shot up by 25% since the start of the lockdown.
Related article: Funeral prices up by as much as 25% during the lockdown, with extra fees for Covid-19 deaths – Business Insider South Africa
Almost 11 000 South Africans have died so far from Covid-19.
Funeral parlours blame extra Covid-related expenses such as protective equipment for the price hikes.
Some municipalities have also added additional cemetery charges.
A basic funeral in South Africa costs between about R9000 and R10 000.
Before the lockdown, the same funeral would set you back around R8000.
Did you know?
- Avbob was founded in 1918 to bring down the rising cost of burials after the Spanish Flu took the lives of 300 000 South Africans within six weeks.
Refilwe Moloto interviewed Manesh Govender, President of the National Funeral Directors Association.
PPE is a major contributor to increased costs… We’re treating everyone as a Covid-19 case right now… We’re using two or three body bags [per body] …Manesh Govender, President - National Funeral Directors Association
We’re bringing in more staff… It’s worse now [than at the height of the HIV pandemic] …Manesh Govender, President - National Funeral Directors Association
It’s not price gouging…Manesh Govender, President - National Funeral Directors Association
Listen to the interview in the audio below.
At its peak, South Africa ranked 5th in the world. The country ranks 13th by the total number of deaths.Read More
Your financial future – even if you have to start over – could be brighter than it would’ve been without the pandemic.Read More
"Retailers were quick to hike prices but slow to lower them,” says the Competition Commission. "There’s a history of this."Read More
The rand was just recently trading at a six-month high. Arabile Gumede interviews Bianca Botes (Peregrine Treasury Solutions).Read More
Wealthy nations representing 13% of the world’s population already bought 2.7 billion yet-to-be-made vaccines, says Oxfam.Read More
Cape Town's swanky city centre may soon have far more people living in it, says David Seinker, CEO at The Business Exchange.Read More
Dr Jody Boffa says while the decline in Covid-19 cases is positive, it's important to remember that the rules still apply.Read More
Bruce Whitfield interviews tourism consultant Gillian Saunders, a previous advisor to former Tourism Minister Derek Hanekom.Read More
The Money Show’s Bruce Whitfield interviews Duma Gqubule, founder at the Centre for Economic Development and Transformation.Read More
"People are tired of staying at home! They want to come out and have fun," says the clearly excited Tasso Evangelinos (CCID).Read More