Price of fuel expected to increase in August
The price of fuel is set to go up next month.
The Automobile Association has made the prediction, based on unaudited mid-month data.
It says petrol looks likely to cost 87 cents more per litre.
The price of diesel is set to rise by 58 cents a litre, and paraffin by 56 cents.
The AA says fuel prices were already trending higher before the looting began – but that now, the Rand/dollar exchange rate has spiked.
It’s asking South Africans to limit all non-essential travel as there’s a possibility of fuel shortages.
Refinery, SAPREF, declared force majeure this week due to the violence, and has temporarily shut its facility in Durban.
