Warning: Massive petrol hike in December

Motorists should brace themselves for a massive petrol hike this December.

Data indicates that motorists can expect an increase of 74 cents for 95 petrol, and 75 cents for 93 petrol.

Diesel is expected to increase by 63 cents.

According to the Automobile Association (AA), the situation will be exacerbated by ongoing political uncertainty in the country, with the ANC’s elective conference in December increasing the volatility of the local currency.

Following a recent cabinet reshuffle by President Jacob Zuma, the rand weakened to over R14 to the dollar, which will have an impact on December’s fuel prices.

Story regards of Ladysmith Gazette.