Gift an article

Price hikes choke South Africans

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
After months of fuel price hikes, which have made everything more expensive, ever more South Africans are becoming increasingly desperate. Photo: File
After months of fuel price hikes, which have made everything more expensive, ever more South Africans are becoming increasingly desperate. Photo: File

NEWS

This week’s fuel price hike, which has had a domino effect on food and transport costs, is making the lives of hundreds of thousands of South Africans unbearable, with some opting out of employment because they can no longer afford to commute to their workplaces.

Fuelled by global conditions that have been exacerbated by the fallout from Russia’s invasion of Ukraine, South Africa’s headline consumer price index (CPI) exceeded the SA Reserve Bank’s upper target limit of 6% and hit 6.5%.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
Latest issue
Latest issue
All the news from City Press in PDF form.
Read now
Voting Booth
Damaged traffic lights and load shedding have led to a mushrooming of informal traffic controllers – mostly homeless people or beggars – in Joburg's major intersections. What are your thoughts?
Please select an option Oops! Something went wrong, please try again later.
Results
We need them
15% - 5 votes
Deploy professionals
47% - 16 votes
They pose more disorder
24% - 8 votes
They must be paid
15% - 5 votes
Vote