MyBroadbandâs IT salary survey revealed that the average IT salary (basic salary only) in South Africa is R31,738 per month.
Consumer good. Written By: Consumer good, in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer. Consumer goods are divided into three categories: durable goods, nondurable goods, and services. Consumer durable goods have a significant life span, often three years or more (although some authorities classify goods with life spans of as little as one year as durable).
1 Durable goods-The consumption of durable goods is considered similar to a consumer investment. 2  Durable goods are purchased with the intention of keeping them for a sustained duration of time. 3  Examples of durable consumer purchases include washing machines, refrigerators, automobiles, and toaster ovens.