Fuel price
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On Wednesday, both grades of petrol decreased by R1.32 a litre, diesel went down by between R0.88 and R0.91 a litre while paraffin will cost R1.44 less.
Taxi fare increases have already been introduced in Tshwane, where commuters say this month's hikes are adding to their already difficult financial situations.
Ray White speaks to Dr Azar Jammine, the director and chief economist at Ecomometrix, on what the expected fuel price increase means for the South African economy.
The National Assembly held a debate on the rising cost of fuel in South Africa. DA's John Steenhuisen demanded that government slash fuel prices. #FuelHike
The debate follows the latest increases - which have taken the price of petrol to almost R25 per litre.
The local fuel industry and consumers are bearing the brunt of limited fuel stocks due to the war in Ukraine and while government’s stepped in to cushion consumers through the fuel levy relief, it has warned this is an unsustainable intervention.
global factors will influence the fuel industry beyond the devastating effects of the war in Ukraine.
Petrol went up by between R2.33 and R2.43 at midnight, while diesel increased by between R1.07 and R1.10 a litre.
With a decision now taken on the fuel levy, the energy department has announced that the price of petrol 95 unleaded will rise by R2.33 a litre from midnight.
The price of petrol continues to rise but commuters cannot afford a ticket hike and minibus, metered taxi and e-hailing drivers are still struggling with COVID setbacks.
John Perlman spoke to spokesperson at Automobile Association Layton Beard about the price hike and what this means for motorists.
The Mineral Resources and Energy Department had previously stated that the removal of the general fuel levy was only for April and May as the sale of strategic reserves only covered these months.
Lester Kiewet spoke to Professor Harro Von Blottniz, who says there is a global shortage of middle distillate, which is needed to produce diesel fuel.
93 Octane will cost 28 cents more while 95 will go up by 36 cents.
The cost for all grades of fuel is set increase with effect from midnight, 93-octane will cost you 28 cents more while 95 will go up by 36 cents.
Finance Minister Enoch Godongwana said that the temporary reprieve would give motorists a R1.50 reprieve in next month’s expected R3.85 petrol increase.
Parliament's Mineral Resources and Energy Committee stressed the need to roll out ways to mitigate excessive fuel price costs and bring some relief to cash-strapped consumers.
Finance Minister Enoch Godongwana told MPs the government was eyeing temporary relief at the pumps in April and May.