Lerato Mbhiza
South Africa motorists will be hit with significant petrol and diesel price hikes after international oil prices rose in January.
The Department of Minerals and Energy announced on Tuesday that the price of all grades of petrol will increase by 75c/l , while diesel will rise by 70 and 73c/l.
Unleaded petrol of both grades (93 and 95) will rise by 75c a litre, bringing the Gauteng price of 95 unleaded petrol to R23.24 a litre, while the coastal price will reach R22.52.
The wholesale price of diesel will increase by between 70c and 73c on Wednesday, leaving the Gauteng diesel price at R21.36 a litre, with the coastal price rising to R20.64.
The wholesale price of illuminating paraffin will be hiked by 53c a litre and the maximum retail price for LP gas is going up by 37c per kg.
South African fuel prices are largely determined
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