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More bad news for expected for South Africa in June

In South Africa, it's getting harder and harder to make ends meet because of the rising cost of living and the scarcity of job opportunities.

As a result of the lack of employment opportunities, tens of millions of young people who possess the necessary qualifications are currently sitting at home doing nothing. In spite of this, the government continues to raise food and other necessities' prices, despite the fact that this has been brought to their attention.

Cooking oil prices have risen by more than a factor of two in the last year, just like the cost of other foods. Gasoline prices rise on a monthly basis, and by more than R1 per gallon, not just a few cents.

Now, motorists are being forewarned that gasoline prices will rise significantly in June 2022. This is due to a recent increase in the price of fuel, which prompted even the owners of taxi businesses to alter their rates.

They already struggle to make ends meet; now the price of petrol is set to go up even further, making their lives even more difficult. As a result, they're going to have a tough time.

Analysts have warned that the government cannot do much to protect society from the effects of rising living costs because the increase is likely to be driven by factors outside its control.

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

Source: https://t.co/jeqHyXJhVS https://t.co/3zj3iEKay0

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South Africa

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