Another fuel price hike in April

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Higher Brent crude oil prices and Ukraine's attack on Russian refineries are to blame, said the department of mineral resources and energy.

South African motorists will not get any relief on Wednesday when April’s fuel prices will rise for the third consecutive month. On 3 April fuel prices will increase as follows: The price of diesel 0.005% will decrease by 2c per litre, as will the price of illuminating paraffin and LP Gas .

However, the carbon fuel levy increased by 1c per litre for both petrol and diesel. Therefore, the fuel levy on petrol and diesel will increase to 396 cents per litre and 384 cents per litre, respectively. Read:#Budget2024 in a nutshell: No major tax hikes The fuel price increases are likely to fuel inflation, as SA’s inflation rate hit a four-month high in February. The decrease in the prices of 0.

 

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South African households to face higher electricity bills from AprilAn average South African household could be spending as much as R480 extra on their monthly electricity bills from April, translating to an additional R5 760 each year. This is according to Alumo Energy business director Jean-Phillipe Ghyoot, demonstrating the growing impact that continuous double-digit tariff hikes are having on household budgets.
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