Fuel Price Hike for S.A motorists

Business

Ntobekhaya Zibi

The Department of Energy and Mineral Resources on Monday confirmed that South Africa will see another fuel price hike

The retail price of petrol will increase by about 0.33%, while the price of wholesale diesel will rise by nearly 3.5%, the energy department said. As of Wednesday, 5th August, the price of petrol will increase by 5 cents to 15.17 rand per litre, while diesel will rise by 45 cents to 13.48 rand per litre.

The department mentioned in a statement that rand depreciation against the US dollar is the reason for the increase.

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