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Bad news for South Africna as of this day

A litre of petrol will now cost you just over R20 from Wednesday (msn.com)

JOHANNESBURG - Consumers were dealt any other main blow as the charge of petrol will fee you over R20 a litre from Wednesday.

Petrol goes up with the aid of eighty-one cents a litre at the same time as diesel is going up via seventy-two. Five cents and seventy four.5 cents for the extraordinary grades.


Illuminating paraffin goes up with the aid of 42.2 cents.


This is the second one main hike in two months and follows different increases this yr.


The charge of petrol for all grades has long past up through over R2 a litre - with two essential will increase in a row.


The Department of Mineral and Energy has referred to a weaker rand that has misplaced foremost floor to the dollar over the past few weeks.


"The average worldwide product expenses for petrol, diesel increased at the same time as illuminating paraffin reduced throughout the length below assessment. The rand depreciated in opposition to the United States dollar during the period underneath evaluation, on common, whilst as compared to the previous length," the branch stated in an assertion.


In response to the excessive prices globally, some of the countries - such as the United States and Japan - have released oil stockpiles to lower expenses.


And the OPEC Plus countries are meeting this week to talk about production stages.


But for now, South Africans are sitting with the chance of improved inflation and a higher fee of living.


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Department of Mineral and Energy South Africna United

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