All indications are there that the fuel price may rise by almost R1,15 in October. It can burst the price of fuel through the R17 border, which will bring higher food prices and transport costs.
This despite Cyril Ramaphosa’s assurance that the recession is only a technical and temporary problem.
However, the higher fuel price will put the inflation rate even further under pressure, which will hamper employment and will not bring relief to the recession.
Read the original article in Afrikaans on Die Vryburger