Johannesburg - Following some much needed relief towards the end of 2018, South Africa’s fuel prices are back on an upward trajectory and motorists should brace for a spate of increases in the coming months.
The pain starts in March, with late month data from the Department of Energy pointing towards a bigger fuel price increase than originally anticipated.
While mid-month data had predicted an increase of 43 cents a litre for petrol, the average under-recovery for the month so far is pointing towards an increase of 67 cents and if current trends persist between now and Thursday, the price hike could be as high as 83 cents a litre.
A litre of 95 Unleaded currently costs R13.49 at the coast and R14.08 inland, where 93 Unleaded retails at R13.86.
Those driving diesel vehicles face an even bigger increase of between 84 cents and 96 cents, depending on how the rand and oil prices fare for the remainder of the week.