NEWS: 'South Africans must prepare for higher cost of living'

JOHANNESBURG - South Africans have been warned to brace themselves for an increase in the cost of living, with hefty fuel price hikes expected from next month.



During his budget speech in February, Finance Minister Nhlanhla Nene announced an increase in personal tax, fuel levies and sin taxes.

Analysts are now predicting fuel prices will increase by as much as R2 a litre from April.

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