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Johannesburg - Motorists will be hit by another massive rise in the price of petrol next week.
The cost of 93 octane fuel will rise 37c/litre and 95 octane 36c/litre, bringing the cost of petrol inland to R10.54/litre and at the coast to R10.24/litre, said the department of energy on Friday.
Diesel prices will rise by at least 35c/litre, illuminating paraffin by 30c/l and LP gas 62c/kg.
Although global prices for petrol, diesel and paraffin have gone down, SA has been hit by the huge increase due to a weaker rand.
The average rand/dollar exchange rate was R7.56/$ compared to R7.05/$ during the previous month, the department said.
In addition, the margin on all grades of petrol will increase by 4c/l to 85.2c/litre from next Wednesday.
This hike is necessary to cater for wage increases of 9% this year for service station industry staff agreed between unions and the Petroleum Retailers Alignment Forum.
The cost of 93 octane fuel will rise 37c/litre and 95 octane 36c/litre, bringing the cost of petrol inland to R10.54/litre and at the coast to R10.24/litre, said the department of energy on Friday.
Diesel prices will rise by at least 35c/litre, illuminating paraffin by 30c/l and LP gas 62c/kg.
Although global prices for petrol, diesel and paraffin have gone down, SA has been hit by the huge increase due to a weaker rand.
The average rand/dollar exchange rate was R7.56/$ compared to R7.05/$ during the previous month, the department said.
In addition, the margin on all grades of petrol will increase by 4c/l to 85.2c/litre from next Wednesday.
This hike is necessary to cater for wage increases of 9% this year for service station industry staff agreed between unions and the Petroleum Retailers Alignment Forum.
