How the rising fuel price will affect the 27 million active credit consumers

The latest fuel price hike comes into effect after the four-day Easter long weekend, a time when consumers tend to spend more money on things like travel, entertainment, and general consumerism.

And while consumers were expected to be locked up to tougher restrictions during that time, the president took an unexpected turn at the last family reunion by announcing minor adjustments to the current restrictions on Covid-19.

“These increases, along with the weakening of the rand, are certainly no joke and consumers who are already grappling with a high cost of living will be feeling it in their pockets this month,” says Neil Roets of Debt Rescue.

The latest fuel price hike comes into effect after the four-day Easter long weekend, a time when consumers tend to spend more money on things like travel, entertainment, and general consumerism.

And while consumers were expected to be locked up to tougher restrictions during that time, the president took an unexpected turn at the last family reunion by announcing minor adjustments to the current restrictions on Covid-19.

“These increases, along with the weakening of the rand, are certainly no joke and consumers who are already grappling with a high cost of living will be feeling it in their pockets this month,” says Neil Roets of Debt Rescue.

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