Fuel price hike on the cards for August
The price of petrol ULP95 will climb by around 35c per litre, and 93ULP by around 30c per litre.
MORE bad news is on the way for consumers, as the mandate for August is another hefty fuel price hike.
According to unaudited data received by the Automobile Association (AA) from the Central Energy Fund (CEF), an increase is set for all fuel grades.
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The price of petrol ULP95 will climb by around 35c per litre, and 93ULP by around 30c per litre.
But it is the surge in the price of diesel that is most concerning, says the AA.
“The data is showing diesel will increase by around 72c per litre which will, effectively, mean consumers will have to pay more for goods and services down the line,” said the association on Friday.
“Illuminating paraffin is also expected to rise, also by around 72c per litre.
“These are all significant upward adjustments that will impact all South Africans.
“All consumers should be aware of the expected increases, and should adjust their budgets accordingly to cover these added expenses.” concluded the AA.6
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