Expect less petrol for more rand


Picture: Radio 786

Its highly likely that the fuel price will increase to R30 by the end of this year.

The Organisation Undoing Tax Abuse has warned that government must devise long-lasting interventions to protect citizens from the global fuel price increases.

OUTA’s Wayne Duvenage was speaking as South Africans will spend almost R 26 for a litre of petrol as of Wednesday.

The Department of Mineral Resources and Energy has announced the fuel price increases for this month, causing many people to worry about their transport costs.

A litre of diesel will increase by R 2.30, while illuminating paraffin will also see an increase of R1.66 per litre.

The retail price of LPGas will however see a drop by R 2.18 per kilogram.

But Duvenage says South Africans must anticipate more price hikes down the line.

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