- Advertisement -spot_img

Ukraine war blamed for fuel hikes in South Africa, continent

- Advertisement -spot_img

Must read

South Africans are feeling the bite of fuel price increases as a result of Russia’s war in Ukraine and the rise in the Brent crude oil price.

Neighboring Zimbabwe and other African countries are also grappling with increasing fuel prices.

South Africa, the continent’s most developed economy, saw gas prices go above 24 rand ($1.50) per liter, more than $5.80 per gallon. Diesel prices also went up.

The latest increases make fuel in South Africa about 40% more expensive than a year ago. To try to hold down the spike in price, the government has reduced its tax on fuel sales.

The government said the increases were a result of the rise in the price of Brent crude oil.

The fuel price increase is the latest addition to South Africa’s economic woes, which include a 34.5% unemployment rate and an economic downturn caused by the COVID-19 pandemic which resulted in

You’ve reached your free article limit

Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.

Subscribe now

Need help? molokom@insidepolitic.co.za

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Inside Education E-edition August 2026

spot_img

Services Seta 2026

spot_img

CATHSSETTA

spot_img

AVBOB STEP 12

spot_img

Inside Metros G20 COJ Edition

spot_img

JOZI MY JOZI

spot_img

QCTO

spot_img

Latest article