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).
Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia. A good that is intended to be used completely within three years. Examples of non-durable goods include office supplies, food, and newspapers. While they tend to be less expensive than durable goods, non-durable goods are a major subset of consumer goods.