is expected to push inflation up. The price of fuel and diesel will increase at midnight.
The department has attributed the fuel price increase to international factors including the fact that South Africa imports both crude oil and finished products at a price set at the international level.A slew of price increases is on the cards. Electricity prices are also set to soar.It’s a double whammy for consumers. On Wednesday, motorists will have to fork out more at the pumps as the new fuel prices and additional levies kick in.
This means, an average household will spend about R70 more to keep the lights on. Add to that, an additional R240 to fill up a 45 litre car.
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