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.
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