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South Africans are in for yet another price hike, this time at the fuel pumps, as the price of fuel is expected to rise by 53c a litre for both grades of petrol and between 79c and 80c for a litre of diesel. The new prices come into effect as of MIDNIGHT TONIGHT. This comes just days after the Reserve Bank hiked the repo rate by 25-basis points and research showed an increase in the price of food in a number of municipalities over the past year in the country. For a look at how the latest increase will affect consumers, here is SABC Economics Editor, Tshepo Mongoai
By SAfmSouth Africans are in for yet another price hike, this time at the fuel pumps, as the price of fuel is expected to rise by 53c a litre for both grades of petrol and between 79c and 80c for a litre of diesel. The new prices come into effect as of MIDNIGHT TONIGHT. This comes just days after the Reserve Bank hiked the repo rate by 25-basis points and research showed an increase in the price of food in a number of municipalities over the past year in the country. For a look at how the latest increase will affect consumers, here is SABC Economics Editor, Tshepo Mongoai

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