South Africa could face another fuel-price shock as oil surges towards $100

When September’s increase was announced, Debt Rescue CEO Neil Roets warned that the impact would extend far beyond motorists. “Diesel is the lifeblood of our logistics and agricultural sectors,” Roets said, warning that a sharp increase could feed through into the cost of essential goods, staple foods and public transport. He described the September increase […]

Rising Fuel Prices Push South African Households Deeper into Debt

Annaline van der Poel

Debt Rescue warns that rising fuel prices are placing consumers under increasing financial pressure, stretching household budgets and pushing many further into debt. Small businesses and families are expected to bear the brunt as higher transport costs drive up the price of essential goods and services. Watch the full interview here.

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