The latest fuel price increase has destroyed any hope cash-strapped consumers had of going anywhere in December.
The incessant fuel price increases will force millions of South Africans to stay home this summer and cancel any road trips they had planned.
The Central Energy Fund’s recent data shows that in the case of petrol, up to 80% of the increase can be attributed to higher oil prices, which are also responsible for up to 86% of the expected climb in the price of diesel. “Authorities predict more fuel price increases in the coming months and this dashes any hope of any kind of reprieve from the relentless financial pressure,” he adds.
“At this point, each cost-of-living increase places an ever-growing slice of life out of reach for millions of South Africans and many of them are no longer able to afford even the basic necessities, like three square meals a day. We need our government to take a stand,” he says.
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