South African consumers should prepare themselves for a serious fuel hike that is coming into effect on Wednesday 6 July.
The announcement that was made by Mineral Resources Minister, Gwede Mantashe, states that 93 ULP petrol will increase by R2.37, while 95 ULP will increase by R2.57.
Diesel will increase by R2.30 per litre.
Reasons for the increase are reportedly the rise in crude oil prices, the rand/dollar exchange rate and the addition of levies that were halted as short-term relieve measure to address the fuel price increases, as per eNCA.
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