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Massive petrol price hike confirmed

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Increase set for October 3

File photo: Supplied

FUEL prices will rise sharply on October 3, with petrol going up by as much as R1 a litre, a statement from the energy department showed on Monday.

The 95 grade of petrol will now cost a record high of R17.08 in the inland economic hub of the Gauteng province and R16.49 at the coast, while the wholesale diesel price will rise by R1.24 to R15.64 and R15.16 in Gauteng and at the coast respectively. The wholesale price of illuminating paraffin, used by millions of poor South Africans for cooking, will jump by R1.04 per litre. – African News Agency (ANA)