South Africa: Motorists in for Another Massive Petrol Price Spike

Motorists can expect another massive fuel price hike at the beginning of June, the Automobile Association warned on Tuesday.

Commenting on unaudited mid-month fuel price data released by the Central Energy Fund, the AA said last month's fuel price account was closed earlier by the Department of Energy, resulting in the postponement of a substantial 50 cent-per-litre increase brought on by a weakening rand and rising international oil prices at the end of April.

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