Come Wednesday, motorists will fork out more at the pumps as fuel prices are — yet again — set to increase, the department of energy announced on Sunday.
In its statement, the department said both grades of petrol, 93 and 95 (ULP and LRP), will increase by 26c and 23c a litre respectively.
When you fill up your car on Wednesday at R16 a litre, remember that a chunk of that money goes to the Road Accident Fund that is renting ordinary office chairs at R1 666 per month each. (See Sunday Times front page lead on RAF.)— Max du Preez (@MaxduPreez) July 1, 2018
It has blamed the price hike on the rand, which weakened from R12.51 to R13.29 during the period under review. "This led to a higher contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 43.21c/l, 44.36c/l and 44.62c/l respectively," the department said.
According to the department, lower crude oil prices, as well as import prices of petroleum products, also contributed to the hike. "The market has started to become worried about the effect that the trade war between the USA and China will have on the global economy," the statement read.
In short, prices have been adjusted as follows:
1. Petrol (93 Octane ULP and LRP) will cost 26 cents more per litre.
2. Petrol (95 Octane ULP and LRP) will cost 23 cents more per litre.
3. Diesel (0.05 Sulphur) will cost 26 cents more pre litre.
4. Diesel (0.005 Sulphur) will cost 24 cents more per litre.
The hike comes just a month after the last increase, which saw motorists paying 82 cents more per litre for petrol and between 85 and 87 cents more per litre for diesel — so in all, it has risen by more than a rand per litre across the board in two months.
At this rate, South African motorists can't be blamed for wondering, will we ever catch a break?
And disgruntled drivers have had a lot to say:
Ubaba ka Duduzane can come back actually. We didnt have these problems when he was pres. Not at this rate #FuelPriceHike— Wakanda Forever (@_Xolile_) July 1, 2018
We are being taxed into poverty! #FuelPriceHike— Darran Nadas (@DarranNMusic) July 1, 2018
#FuelPriceHike theres no longer anything to tighten, you might as well sell the belt.— omphile (@omphile747) July 1, 2018
We heading straight to R20/l in few months to come,before December,we really fucked 😠😠😠😠 #FuelPriceHike— Tsiliso (@RTMatsabisa) July 1, 2018
Some were even calling for a "national shutdown" to protest against the endless increases:
#NationalShutDown: The messages call on South Africans to shut down all roads and highways to protest against the increase in the price of petrol and against the increase in value-added tax (VAT).#PetrolPriceHike#SouthAfrica#CostofLivinghttps://t.co/ZIYmtTyA4M— Sandton Chronicle (@Sandton_News) June 26, 2018