💨 Abstract
The Competition Commission in South Africa has issued a stern warning to businesses against price gouging ahead of record fuel price increases set for April 2026. Any business found excessively raising prices could face prosecution and jail time. The commission emphasizes that price increases must be proportional to actual fuel cost pressures and warns against exploiting the situation for unjustified profits. The public is encouraged to report suspected price gouging.
Courtesy: Ray Leathern
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