November fuel price hikes announced by the minister of energy on Monday night will be disastrous for fuel users and consumers across the board, the AA says.
From midnight diesel will be up by a remarkable R1.48 a litre, illuminating paraffin is set to jump by a staggering R1.45 a litre, and petrol will rise by R1.21 a litre for an inland price at the pumps of R19.54 for a litre of ULP95.November fuel price hikes announced by the minister of energy on Monday night will be disastrous for fuel users and consumers across the board.
“The fuel price has a direct bearing on an already weak economy as it continues to drive up inflation on essential consumer goods and affects every South African. As we have said many times in the past, all the elements that comprise the fuel must be fully interrogated to determine if they are necessary. Given that the fuel prices are now at record highs, such a review is overdue,” says the AA.
“The cost of illuminating paraffin has also seen substantial increases with the cost of this fuel 35% more expensive than it was in January. For many consumers, especially the poorest of the poor, this increase will come as a blow to their already strained budgets,” says the AA. “When a media statement is datelined four days prior to an election but delayed until 15 minutes before the polls close, it is difficult to conclude otherwise than that this bad news was deliberately suppressed to protect the incumbent government,” the association noted. “We will be writing to parliament to demand an explanation for the delay.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consumers will feel the pinch as petrol price climbs to an all-time highConsumers and motorists will be hardest hit this month as the price of petroleum will rise to an all-time high closer to R20 per litre in November due to high Brent crude oil prices and a weaker exchange rate. petrolprice
Read more »
Local election results and voter statistics: 2021 versus 2016Now that South Africa's local elections have come to an end and the votes are being tallied, let's look voter registration statistics.
Read more »
ANC support hits an all-time low as voter apathy sets in — Ipsos surveyDisillusionment and a belief that nothing will change, anger over corruption, distrust of politicians and overwhelming voter apathy – these are the reasons for a predicted low voter turnout and a massive drop in ANC support in Monday's local government elections.
Read more »
Massive fuel price hike for SAThe petrol price will increase by R1.21 a litre on Wednesday.
Read more »
Botched fuel theft on Transnet pipeline in Durban believed to be cause of fire that claimed three livesThree people have died in an attempted fuel theft incident on the Transnet fuel pipeline in Durban in the early hours of Sunday morning.
Read more »
Botched fuel theft on Transnet pipeline in Durban believed to be cause of fire that claimed three livesThree people have died in an attempted fuel theft incident on the Transnet fuel pipeline in Durban in the early hours of Sunday morning.
Read more »