Topic: Petrol Hike yet again in the republic of South Africa, will people survive this?
Although those who don't have cars don't feel much impact when petrol hikes, there are some certain point where it left Transport industries with no choice but to redirect the impact to Ordinary citizens.
Minister of Mineral resource and energy in the republic of South Africa Mr Gwede Mantashe announces adjustments of fuel prixes effective from 1st of December 2021.
This is happening once after just few weeks same Minister announces the hike of petrol fees in South Africa.
According to the department, the following price changes will take effect on Wednesday, 1 December:
Petrol 95: increase of 81 cents per litre;
Petrol 93: increase of 81 cents per litre;
Diesel 0.05%: increase of 73 cents per litre;
Diesel 0.005%: increase of 75 cents per litre;
Illuminating Paraffin: increase of 42 cents per litre.
This price increases are believed to be due to poor performance of Rand and also the increase in oil price worldwide. The latest price hike will push the price of petrol to above R20 in Gauteng and other inland provinces and this will be one of the highest petrol cost.
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