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News for South Africa as new information comes out

The cost of living is rising as job prospects are dwindling in South Africa, making it increasingly difficult to make ends meet.

As a result, tens of millions of talented young people are unable to leave the comforts of their own homes. When it comes to rising food and other commodity prices, it appears as though the government has no plans to slow down.


With a two-fold increase in the past year, cooking oil has now become twice as expensive as many other items. In the course of a year, the price of gasoline increases by more than R1 and not just a few cents.


Drivers have been warned to prepare for a significant spike in gasoline prices in June 2022. Even taxi companies were forced to hike their prices earlier this month because of the rising cost of fuel.


Due to the high cost of living in South Africa, many people already find it difficult to make ends meet, so an increase in the price of gasoline would be a substantial burden.


Analysts say that the government has no power to stop price increases caused by factors outside of its control.

Source: https://businesstech.co.za/news/energy/586918/here-is-the-expected-petrol-price-for-june-4/

Content created and supplied by: Adeolablog (via Opera News )

South Africa

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