UASA Media Release: 20 May 2026
Image source: www.statssa.gov.za/
Statement by Abigail Moyo, spokesperson of the trade union UASA:
Although largely anticipated, consumer price inflation (CPI) has jumped off the radar, leaving consumers in a tight spot, as the cost-of-living outlook is not looking positive and showing no signs of relief.
Stats SA announced that the inflation rate surged to 4%, up from 3,1% in March 2026. This is the highest recorded rate since August 2024.
The CPI increased by 1,1% month-on-month in April 2026. The main contributors to the annual increase were housing and utilities, and transport.
Sadly, the increase in the inflation rate is likely to prompt the South African Reserve Bank (SARB) to hike interest rates soon.
As the government considers phasing out the general fuel levy introduced when fuel prices surged, prices are expected to rise further in the coming months if global oil supply constraints persist.
UASA is primarily concerned about the affordability challenges that are about to hit consumers and low-income earners the hardest as public transport service providers adjust fares to align with the new reality.
Most public transport service corporation boards have announced expected price increases that will take effect from 1 June. Bus operator PUTCO, which ferries thousands of passengers daily in Gauteng, Limpopo and Mpumalanga, has also announced an average fare increase of 10% due to recent fuel hikes.
As the high cost of living is likely to remain a challenge, UASA encourages its members and all consumers to be financially savvy, lead lifestyles they can afford, be cautious and save for rainy days.
For further enquiries or to set up a personal interview, contact Abigail Moyo at 065 170 0162.