Higher food prices looming: Tiger Brands to spend R25m on fuel per month
The food producer anticipates difficult trading environment for the second half of its financial year.
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The food producer anticipates difficult trading environment for the second half of its financial year.
Impact of higher diesel and fuel prices will start to be felt, but not across the board.
When Brent crude oil spikes, petrol prices follow within weeks. That means higher transport, food and retail costs.
Rising fuel costs could affect everything - freight prices, docking fees, tourism, food, transport and factories, the energy regulator says.