PS3 Price Increase 
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Gavin Mannion
May 22, 2007 at 3:05 pm

There have been rumblings recently about a possible PS3 price increase in South Africa.

Yeah you read that right increase not decrease… Most of the rumours have been coming from Xbox fansites so I have not put much weight behind them but today I saw a link to Look and Listen where they are now selling the PS3 for R6799, a R500 increase from the previous price.

Could this rumour actually be true, could Ster Kinekor and Sony combined actually increase the price of the most expensive gaming console ever to hit our shores?

Let’s hope not because this is not going to go down well with the fans….

I have sent of some emails requesting confirmation, lets see what they say…

Link to Look and Listen

[Update] It seems BT Games has also increased the cost to R6499

Incredible Connection is now selling at R6599

I'm cranky, arrogant and ever so amazingly annoying but when you get to know me you will also realise I'm honest and incredibly good at describing myself... now pass me that beer

  • papa-action

    Damn!! What the hell is going on? Amazon.co.uk is selling the console for 399 GBP (R5600) yet the price is increasing here !?!

  • kspraydad

    The South African RAND is under alot of downward pressure in international currency markets….its value is dropping thus making your imports more expensive. It isn’t SONY raising prices but trying to maintain their home currency price in the face of YOUR falling RAND.

    Here is a news article FROM TODAY:

    South African financial markets are bracing themselves for two speeches by Tito Mboweni, the Reserve Bank governor.

    Mboweni is due to make speeches at different locations tomorrow and on Friday. Analysts say Mboweni may use the opportunity to give greater clarity over the rand and interest rates.

    Earlier this month Mboweni said the rand may need rebalancing given the country’s large current account deficit. However, analyst say the deficit could grow faster if oil prices remained at current levels and the rand weakened.

    Analysts say this could force Mboweni to opt for a stronger currency, thus increasing the likelihood of a rate hike.

  • papa-action

    Rubbish…The rand is currently at R 13.90 to the pound (I believe we import our PS3’s from the UK) . It was at somewhere around R14.20 when the PS3 was released here on 23 March and has in fact been hovering around R 14.00 to the pound since September 2006. They wouldn’t (or shouldn’t) increase the price in anticipation of currency weakness. I believe something else is behind this increase.

  • Ruslan

    Nonsense, the same petrol talk wont fool us twice. Its either Ster Kinekor or Sony messing around. Now the PS3 is truly a niche product in SA.

  • LazySAGamer

    I have been plagiarized, is that a compliment or just plain wrong?

    http://www.ps3center.net/story-505.html

    What’s even better is that he got more hits than me :)…

    Ag well at least I am spreading the word and hopefully making a difference…

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  • HungryHooligan

    I say its plain wrong…Kick him in the head

  • papa-action

    One time is a compliment…if it happens again kick ‘em in the head :-)

  • LazySAGamer

    Hey you should follow the link from that trackback above and see the image the guy used, I think it’s good :) Thanks for reading

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