Consumers in for a tough time as petrol price increase takes effect
The price of petrol has from today increased by 52 cents a litre & diesel by 76 cents.
JOHANNESBURG - As motorists feel the pinch of another fuel price hike, the Automobile Association (AA) says it doesn't expect this trend to end, even if the price of oil stabilises.
The price of petrol has from today increased by 52 cents a litre, while all grades of diesel now cost 76 cents more a litre.
The AA says the weakening rand against the dollar will continue to affect the prices.
AA spokesperson Layton Bear says, "At the moment, consumers really are under a lot of pressure. A lot of services are being increased, municipal rates and taxes are going up, and on top of that you see the petrol price going up. So consumers are in for a really hard time at this moment."
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Meanwhile, the taxi industry says drivers are finding it extremely difficult to stay in business.
The increases will soon be passed on to taxi commuters, when the industry reviews its tariffs next month.
The South African National Taxi Council (Santaco)'s President Phillip Taaibosch says, "It becomes difficult when the prices are going up and you would find that we take a lot of time before we consider the price increases. We are always looking at our customers and we have never been unreasonable with them."
Additional reporting by Mia Lindeque.