Petrol price and interest rate hikes will have a ripple effect through the economy but will be “crippling” for the five million people who make up the country’s informal sector.
The R2.43 increase for a litre of petrol will push a chunk of those people, many of whom sell food staples from the roadside at small margins, below the breadline.
If this story helped you navigate your world, subscribe to the M&G today for just R30 for the first three months.
Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”
Already a subscriber? Sign in here
For all the latest information and advice from the Department of Health relating to Covid-19, please visit sacoronavirus.co.za
All material © Mail & Guardian Online. Material may not be published or reproduced in any form without prior written permission.
