Durban - We don't blame you if you're still reeling from the record high fuel price increase that took effect Wednesday morning.
Petrol now costs consumers 82 cents more a litre while diesel will set you back a further 85 cents.
This will take the petrol price up to R15.54 and diesel will cost you R14.19.
According to eNCA the petrol retail price is regulated by the government and changed on the first Wednesday of every month
There are two factors that influence the price of petrol, namely the price of the dollar vs the rand as well as the rising prices in crude oil, transport costs, and taxes and levies.
Check out Twitters reaction to this fuel price increase:
Did you know that in Botswana petrol costs R10.89 per litre and yet they import it from SA? Mzansi people as "WOKE" as they claim to be are known for stupid unnecessary strikes but will never strike for petrol increase. 🚗⛽— Sir Lindz kaNgcobo 🇿🇦 (@Lindani_chizboy) June 6, 2018
Hell no, I’m actually considering deactivating my @DStv subscription to subsidize the petrol increase, I’m tired of your prejudiced news reports— Ruralist (@Chizy_Wizy) June 6, 2018
When Cyril Ramaphosa was elected President of South Africa, the price of petrol per litre was at R13.76.— Democratic Alliance (@Our_DA) June 6, 2018
Today just over 100 days later, petrol costs R15.79 per litre which is a R2.03 per litre - a 14.75% increase. #TaxAttack pic.twitter.com/iGADWzifrt
Petrol prices used to decrease by 40c then increase by 70c to shield the 30c overall increase. Now they just don't care. It goes straight to R2.40 in 3 consecutive increases. Wild— John (@JagDillinger) June 2, 2018
Scenes from South Africa as motorists prepare for a steep petrol price increase. pic.twitter.com/DfVpvTyPQh— rouel777 (@Rouel777) June 5, 2018