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Fuel hiked again

30 Apr 2010

Motorists, who are still feeling the pinch of the March fuel price increase, should brace themselves for a further price hike on Wednesday, 5 May 2010.

The Energy Department says motorists will have to fork out an extra 14 cents for a litre of all types of petrol.

The price changes mean that the cost of a litre of 95 ULP petrol in Gauteng will go up from R8.58 to R8.72 and from R8.35 to R8.48 in the coast.

The cost of Diesel 0.05% and Diesel 0.005 will rise by 29.5 cents a litre.

The wholesale price of illuminating paraffin will rise by 30 cents and that of the single maximum national retail price for illuminating paraffin will increase by 41 cents a litre.

“During the period under review, the average international product prices of Petrol, Diesel and Illuminating Paraffin increased.

“The average Rand/US Dollar exchange rate strengthened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 31 March 2010 to 29 April 2010 was 7.3749 compared to 7.4753 during the previous period,” said the ministry.

Source: SAnews.gov.za

SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.

Go to: http://www.sanews.gov.za