Cape Town – Consumers are increasingly under pressure to meet their financial demands, and the latest petrol price hike of 93c a litre has sparked a debate on Fin24 on where “all the madness is going to end”.Charles Dumbwin
called it daylight robbery and asked what on earth is happening with all our fuel levies or funds collected from vehicle license renewals.dave.nutter.75
said it’s time to start walking and pre-emted that the cost of all goods will soon follow the trend. Thadelphukem
agreed, saying that aside from the price of petrol killing us, it’s also going to result in increased food prices and transport costs. Develyn33
agreed with evidence.hopane
that Metro rail is a way out, but only “if the trains ever run on time”.carl.v.rooyen
lamented that the people who will unfortunately be affected the most will the poor, as the fuel price will affect the price of food, which is a bigger percentage of their monthly spend than the more well-off.
The deabte follows an announcement by the department of energy on Friday that the petrol price will go up by 93c a litre next Wednesday, while diesel will cost 69c/l more.
The steep 8.4% hike that kicks in at midnight on September 5 is to partly to finance wage increases for pump attendants at
garages, the department of energy said on Friday.
The latest shock hike brings the price of 95 grade petrol in the inland commercial region
of Gauteng to R11.97/l and R11.62 at the coast.
The wholesale diesel
price will also go up by about 6.7% to R10.95/l, while the single maximum national retail price for illuminating paraffin will increase by 97c/l to R8.34/l.
With South Africans having to look elsewhere for means to survive, the Automobile Association, in partnership with BP, is giving 11 tips to save on petrol costs