Today we spoke to GERALD MWANDIAMBIRA FINANCIAL EXPERT. AUTHOR AND ENTREPRENEUR. South African motorists should brace themselves for a record-high increase in the price of fuel that will see them pay about R17 for a litre of petrol.
The Department of Mineral Resources and Energy announced that the fuel hike will take effect from 7 April.
Petrol will increase by R1 a litre which will take the cost of fuel to around R17 a litre inland and at least R16.64 a litre on the coast.
Diesel will increase by between 63 and 65 cents.