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'Steep fuel hike to directly impact election results' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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'Steep fuel hike to directly impact election results' via SABCNewsOnline

The petrol price will go up by R1.34, diesel by 82 cents and illuminating paraffin by 63 cents per litre.

Convenor of the People Against Petrol and Paraffin Price Increases, Visvin Reddy, has warned government that the new fuel price increase will have a direct impact on the results of next month’s elections.which will take effect on Wednesday. The petrol price will go up by R1.34, diesel by 82 cents and illuminating paraffin by 63 cents per litre.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 an international level.“The big companies in this country are making massive profits from our country’s resources and taking these profits outside.

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