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Rocketing fuel prices set to drive SA interest rates sharply higher.

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South Africa’s rocketing fuel prices are set to result in interest rate hikes rising for the rest of this year, further hurting the disposable income of consumers and the country’s teetering economic growth.

This warning came from economists on Monday, following news of the latest fuel price hike for July, announced by the Department of Mineral Resources and Energy (DMRE).

5 Jul 2022 4AM English South Africa Business News · Investing

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