DStv Channel 403 Friday, 01 November 2024

Steep fuel hikes coming next week: AA

JOHANNESBURG - Diesel prices are expected to increase for the fourth consecutive month.

That is the expectation from the Automobile Association based on unaudited fuel data from the Central Energy Fund.

Fuel prices for October will be officially adjusted on Wednesday.

WATCH | SKYROCKETING DIESEL PRICE HAMMERS AGRICULTURAL SECTOR

Diesel is expected to increase by around R1,60 per litre, while petrol is expected to increase by between 75c and 80c.

Illuminating paraffin is expected to rise by more than R1,50 per litre.

The sharp increase is attributed to the rising international oil prices and the weaker Rand/US Dollar exchange rate.

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