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Another surge in fuel prices on the cards

PHOTO: PIXABAY


There'll be more pain at the pumps for motorists from midnight on Wednesday as fuel prices are in for another increase.

It’s a back-to-back increase after the Department of Mineral Resources and Energy in February announced that the price of all grades of petrol would increase by 75 cents a litre, while diesel rose by 70 and 73 cents per litre.

From 6 March, motorists will have to fork out R1,21 cents more per litre of petrol and diesel prices will be hiked by between R1,06 and R1,19 per litre. 

Illuminating paraffin will increase by 85 cents at retail level and LP gas will increase by 41 cents per kilogram. 

Departmental spokesperson Robert Maake said the increase was due to the weaker rand against the US dollar and higher average oil prices.

"The slate levy remains unchanged at zero cents per litre. Transnet pipeline has decommissioned the Kroonstad pipeline from December 2023, affecting fuel transport in four district zones".