Goods and Services

Fuel and food prices to rise in 2018

CEO of the Independent Consumer and Competition Commission Paulus Ain confirmed this.

He said this is due to the increase of fuel price which was released recently due to the new tax for fuel as per the 2018 budget.

“That was a government decision.

“So most likely the cost of doing business in this country will be affected because fuel is the main cost driver.

“So if fuel is driving this cost then we are also expecting food prices on the shelf to also increase.