The AA predicts that gasoline will rise by R1,01 while diesel will rise by a solid R1,24 on 3 October. This will be the biggest increase in fuel prices in the history of SA. The AA states that the increase will reach almost R2.5 billion a month from the economy – an economy that is..
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South Africans will experience the biggest increase in fuel prices in the history of SA in October
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Brace yourself, tougher times are still ahead
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As temperatures plummeted across the county this week, fuel prices hit record highs of R16.02 for a litre of 95-octane petrol in Gauteng.
Taxi fares and the cost of basic foodstuffs are also expected to rise as a result. But beyond appealing to manufacturers and service providers to hold off on increases, there is no immediate plan for the government to help hard-hit consumers.
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