South Africa Faces Massive Fuel Price Hike
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
South Africans brace for significant fuel price hike starting April 1st, with petrol potentially rising by up to R5.82 per liter and diesel by over R10, pushing inland petrol to around R26.33 and Gauteng diesel to R29.08. Global conflicts and slower world growth are causing international oil prices to surge, exacerbating the cost-of-living crisis and inflation. President Ramaphosa and Finance Minister Godongwana are working on quick relief measures and long-term solutions to bolster economic resilience.
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