With significant price increases now facing consumers, there are concerns that the cost of living will increase dramatically, making it near impossible for many to make ends meet.
Fuel prices shot up at midnight, with 93 octane petrol increasing by 95 cents a litre, while 95 octane increased by one rand.
Diesel increased by between 63 and 65 cents a litre.
The cost of electricity also went up by 15% this month. There were fears that households would battle and that some businesses may not survive.