Eish: Gwede Mantashe announces fuel price hike from October 04

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By: Simon Majadibodu

Fuel price hikes from midnight, October 04, as announced by Minister of Mineral Resources and Energy, Gwede Mantashe. Photo: Pixaby



South Africans will have to dig deeper into their pockets as fuel prices are soaring.

Minister of Mineral Resources and Energy, Gwede Mantashe, announced that the adjustment of fuel prices which will effect from October 04.

Mantashe said that the price of petrol will increase by between R1.08 and R1.14 per litre. While diesel will increase by between R1.93 and R1.96 per litre.

Illuminating paraffin is expected to increase by R1.51. 

Click on the link to read the statement: https://www.energy.gov.za/files/media/pr/2023/MediaStatement-fuel-prices-for-October-2023.pdf


Frustration as fuel prices are rising. Photo: Pixaby

Meanwhile, Automobile Association (AA) has called on government to come up with effective measures to assist with perpetual fuel price hikes.

“These increases are going to hit all consumers hard, and they come at a time when most South Africans are feeling extreme financial pressure. It remains concerning, however, that in the face of these increases, government remains silent on its plans, if there are any, on a way forward to deal more effectively with fuel price increases,” reads the statement issued by AA.

Click on the link to read the statement:https://aa.co.za/fuel-hikes-coming-next-week/


Fuel prices are expected to rise from October 04, midnight. Photo: Pixaby


The AA again advises motorists to keep their vehicles in good mechanical condition, and their tyres inflated to manufacturer’s specifications to ensure optimal fuel usage.

“Minimising trips where possible, using air conditioners sparingly, and not overloading the vehicle are other measures owners can take to decrease fuel consumption,” said AA in the statement released.

“As the end of the year approaches many people will be making plans for their annual vacations. Part of that planning must include budgeting properly for fuel expenses now and including some extra finds to offset possible additional increases that may occur in November and December.”




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