Joburg braces as fuel price hikes set to deepen cost-of-living crisis

May fuel increases threaten to push living costs higher in Johannesburg South African consumers are facing another round of price pressure in May as fuel costs are expected to rise, worsening an already strained cost-of-living environment and adding to food inflation. Voices from business and civil society Neil Roets, CEO of Debt Rescue, warned of the […]

The economic fallout of increased fuel prices in South Africa

The latest price hikes are being placed firmly at the door of the ongoing Middle East conflict,  and more specifically, the economic carnage being inflicted daily by the Strait of Hormuz staying closed. “Regardless of the global headwinds that are causing oil prices to skyrocket, South Africans are caught between a rock and a hard place, and […]