Netflix South Africa hikes prices above inflation
The price hike will be implemented for existing members of the subscription video-on-demand service in the next few weeks, while new Netflix SA subscribers will pay the increased price immediately.
A Netflix Basic plan initially cost $7.99 in South Africa, with pricing of $9.99 for a Netflix Standard and $11.99 for a Netflix Premium plan. Netflix switched to using the South African rand for Netflix SA as a payment currency in August 2018, which saw a slight decrease for the Netflix Basic and Netflix Standard plans at the time.
"This will be our first price change in South Africa since our launch in 2016 that is not related to currency change".
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