Cape Town Fuel Crisis: High Prices, Shortages
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Cape Towns fuel crisis escalates as petrol prices surge by 3.06 rand per litre and diesel jumps over 7 rand, hitting record highs. Panic buying leaves hundreds of stations dry, causing long queues and rationing. The fuel levy is cut by 3 rand, but global oil surges and a weakening rand drive import costs up. Economists warn of potential further hikes, with transport already consuming nearly half of workers wages. The city waste team implements temporary rules at drop-off sites due to fuel shortages.
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