Fuel prices going up

THE Department of Energy has confirmed that the price of all grades of petrol will increase by 49c a litre on Wednesday.

This is due to the international product prices of petrol increasing during the recent period, as well as the rand having depreciated against the US dollar. Diesel will increase by between 30c and 32c a litre and illuminating paraffin users will pay between 34c and 46c per litre while liquefied petroleum gas users will pay an extra 96c a kilogram.

This will add to inflationary pressures and could hit the consumer’s pocket hard.