The Automobile Association of South Africa says month-end fuel price data is pointing to a catastrophic fuel price hike next week.
In a statement today, the AA said based on current data, motorists will be paying R1.01 cents more per litre of petrol.
It also says diesel users will be hardest hit, with a possible R1.24 cents hike for a litre of diesel while paraffin is expected to cost R1. 05 a litre more.
"These increases are catastrophic for road users," the AA says.
"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."
The Association says the impact inflicted on the economy by such increases may put pressure on President Ramaphosa's recently-announced stimulus package.
They estimate that the increase could extract a further R2.5bn a month in transport costs from an economy that is already on the ropes.
The AA adds that the cost of doing business will go up and consumers' disposable income will shrink.
