A massive petrol price increase is expected to hit South Africa in April, says the Automobile Association (AA) of South Africa.
It’s not an April fool’s day prediction; the petrol price will be going up again next month. While consecutive fuel hikes have become the beleaguered norm in South Africa, April’s looming rise is expected to wreak havoc on motorists and consumers alike.
As explained by the AA, the country was already facing a petrol price increase, in part, due to the weakening rand and the rising cost of crude oil. While these factors are bad enough on their own, the introduction of revised fuel levies, attached to the pumps from April onwards, is set to push South Africa beyond the threshold of reasonability.
Studying mid-month data released by the Central Energy Fund (CEF), the AA issued a foreboding statement on Friday afternoon. Dulling the weekend’s glimmer, the AA stated:
“The projected basic fuel price increase
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