Weak rand to blame for predicted fuel price hike
Fuel prices, with the exception of one grade of petrol, are set to go up in September. ..
The Automobile Association (AA) spokesperson Layton Beard predicts 10 cents increase in the price of 95 octane petrol.
Diesel is expected to cost 25 cents more per litre - and illuminating paraffin will be up by about 21 cents.
ALSO READ: Limpopo govt to discuss economic development with Zim
Beard says 93 octane petrol will see a slight drop of three cents a litre.
"The average land price of fuel dropped across the board during August and if the rand/US dollar exchange rate remained flat we could have been looking at a drop of up to 30 cents a litre for diesel and 52 cents for petrol.
"Unfortunately continued rand weakness means that these prices will increase instead."