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Fuel shock set to hit South Africans: How much it will cost to fill up a tank
['Faizel Patel', 'Senior Journalist']
The Citizen
With just a day before the new petrol price kicks in, the fuel price over-recovery has evaporated, with motorists warned to brace for price hikes, especially diesel users.
South Africans, already reeling under a punishing economic climate, now face the prospect of little to no relief at the fuel pumps.
Last month, the South African Reserve Bank’s Monetary Policy Committee held the repo rate steady at 7%, sparing households from another financial blow.
But fuel prices are moving in the opposite direction.
Diesel users should brace for the steepest hikes, with under‑recoveries pointing to increases of between R1.75 and R1.90 per litre.