Motorists to dig deeper as petrol prices go up
The Energy Department announced late last night that petrol will increase by 88 cents, diesel by 95 cents.
JOHANNESBURG - South Africans will have to dig deeper into their pockets this month. The Energy Department announced late last night that petrol will increase by 88 cents a litre, diesel by 95 cents and paraffin by 76 cents.
The department has attributed these increases to the increase in fuel levies, transportation costs and the average increase in the prices of petroleum products in the international markets.
The Automobile Association this week said motorists will need to brace themselves for a big increase in the petrol price this month due to the high international oil price, and the 30 cents fuel levy announced by Finance Minister Pravin Gordhan in his February budget.
The Institute of Race Relations' Ian Cruickshanks said the rand's recent strength was not enough, with the ripple effect of higher prices to be felt by all.
"The basic cost of living is going up whether it's fuel, electricity or food, they're all going up."