Another fuel price hike on the cards, warns AA
Motorists can expect yet another fuel price hike in September,
according to the Automobile Association (AA).
Petrol is expected to increase between 23 and 25 cents a litre, with diesel increasing by 28 cents and illuminating paraffin by 17 cents.
The AA says this will push the cost of 93 unleaded octane fuel inland above the R16 a litre mark for the first time.
AA spokesperson Layton Beard says the increase is due to the rand weakening against the US dollar.
“International petroleum prices remained virtually unchanged on average during august but the rand lost substantial ground against the US dollar, increasing the landed price of fuels.”
He added if the rand remains under pressure more motorists will have to get used to paying more for fuel.
“The rand remains under pressure and a recent spike in international oil prices could mean more pain at the pumps. If it continues, a return to cheap fuels doesn’t look likely and consumers will continue to be forced to economise.”