SA households to feel pinch as fuel and municipal rate hikes come into effect on Wednesday

Fuel prices are set to increase again at midnight following a spike in international oil prices. Recent data from the Central Energy Fund (CEF) shows that the price of petrol is likely to rise by between 50 cents (93 Unleaded) and 53 cents (95 Unleaded), while diesel looks set to go up by between 82 cents and 84 cents. Jon Gericke spoke to Director of Fuel and Pricing Mechanisms at the Department of Mineral and Resources and Energy (DMRE), Robert Maake and Dehan Scherman, Develeopment and Change Manager at National Debt Advisors