More headache and financial stress for the ordinary citizens as Santaco announces yet another taxi fare increase.
South Africans who make use of minibus taxis as a means of transportation will have to brace for another cost of living increase, after a Santaco representative revealed that the organisation is set on introducing a fee hike as of July
Santaco’s KwaZulu-Natal manager Sifiso Shangase said on Tuesday that the organisation is going to increase taxi fares, but could not state by how much.
Crude oil prices have been driven up due to the ongoing conflict between Russia and Ukraine, with expectations that the price may stay high until the war is over.
The price of crude oil has shot up to around $120 per barrel mark, forcing South Africans to pay just over R20 per litre of petrol or diesel.
In efforts to reduce some of the financial stress felt by citizens, the state had cut some of the levies that contribute to the final pump price consumers pay, but it was not a permanent solution.