Petrol price increase to hit small business hard – Nafcoc

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'This week's petrol hike will further strain small business as more people spend less or cut spending on products and services offered.'

‘This week’s petrol hike will further strain small business as more people spend less or cut spending on products and services offered.’

“This increase will without a doubt lead to increases in transport and food prices,” spokesperson Tshepang Ramosepele said. He said petrol has increased by almost R4 since January which constitutes about a 12 percent increase.

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Just to add to racial exclusivity business policies, VAT increases, socialist driven economic philosophies, depressive market conditions, corruption and all time low business confidence, It’s really fun trying to be an entrepreneur in this country!

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