The Industrial Gas Users Association of Southern Africa says that the latest price increase is likely to double the price of natural gas. #dstv403
JOHANNESBURG - South Africa's manufacturing sector will struggle to contribute to the economy as it grapples with higher operating costs, mainly fueled by Sasol's natural gas price hike. The Industrial Gas Users Association of Southern Africa says that the latest price increase is likely to double the price of natural gas.Last week, Sasol announced that it was increasing the price of gas by 96 percent.READ:The association is estimating that the increase will cost South Africa's economy R325-million per month.
It also says its not just industries like manufacturing that will be impacted, consumers will feel the burden as well.
I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ewnupdates - 🏆 30. / 53 Read more »
Sasol gas hike will take bread from the poor, industry body warnsThe hefty hike will be felt by all South Africans when gas-reliant manufacturers such as those that produce bread, are forced to hike prices
Source: BDliveSA - 🏆 12. / 63 Read more »