Prices soar
Publish date: 13 May 2020
Issue Number: 1830
Diary: Legalbrief eLaw
Category: General
* The impact of the recent sharp decline in the value of the rand is becoming apparent. The iStore said it would sell the new Apple iPhone SE, which retails for $399 in the US, for R9 999. The iStore, a retail chain owned by Apple distributor Core Group, said in an e-mail to clients on Friday that the new iPhone SE would cost as much as R14 999 for a 256GB version ($549 in the US). The base 64GB model is R9 999, while the 128GB variant is R12 499 ($449).
