Fundamental overhaul of fuel price is needed, says AA

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Fundamental overhaul of fuel price is needed, says AA
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Record high fuel prices renew urgency for fundamental overhaul

Record fuel price hikes have renewed urgency for a fundamental overhaul of how SA’s fuel prices are calculated and regulated, as embattled consumers experience fresh pain in the petrol forecourt.

Fuel price increases this month — which leapt R1.21/l — are at a pace never seen before, according to the AA’s Layton Beard leaving the petrol price for 95 octane petrol inland now at a record high of R19.54. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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