South Africa: Fuel Increases 'Catastrophic'

27 September 2018
Automobile Association
press release

Fuel users are facing unprecedented price increases in October. According to the unaudited month-end fuel price data released by the Central Energy Fund (CEF). These increases are catastrophic for South African road users.

They are the biggest in South African history. The major culprit is South Africa's chaotic economic policy which has left us defenceless against upticks in international oil prices. With the Rand and oil contributing almost equally to the rises, petrol is expected to be up by R1.01 per litre, with diesel spiking by a massive R1.24. Illuminating paraffin users are also in for a shock hike with the price predicted to increase by a whopping R1.05.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.