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Johannesburg - Next Wednesday's petrol price hike could lead to job losses, the trade union Uasa said on Thursday.
"The steep rise in consumer goods which is sure to follow, may well lead to further job losses as employers are forced to cut costs..." said spokesperson Andre Venter.
It would also have a negative impact on inflation and would jeopardise the SA Reserve Bank's efforts control inflation, he said.
Venter said that the increase would mean that those relying on public transport would "feel the pinch more than ever".
The energy department announced on Thursday that the retail price of all grades of petrol would increase by 29c a litre on Wednesday, taking the price in Gauteng to over R10 a litre.
The price of diesel with a 0.05% and 0.005% sulphur content would increase by 16c a litre.
The wholesale price of illuminating paraffin would increase by 15c a litre.
The single maximum national retail price for illuminating paraffin would increase by 20c a litre.
The department said the increases were a result of increases in the average international prices of petrol, diesel and illuminating paraffin.