Steep rise in fuel prices on Jan­uary 1

Weekend Argus (Saturday Edition) - - NEWS - KENNEDY MUDZULI

TIDES High to­day Tomorrow Low to­day Tomorrow . . .11.40am mid­night . . .12.32am 12.40pm . . . . .5.27am 6.20pm . . . . .6.31am 7.13pm

Spring tides . . . . . . . . . . . .Jan 1

Jan 16 Neap Tides . . . . . . . . . . . . .Jan 8

. . . . . . . . . . . . . . . . . . . .Jan 24 SUN/MOON Sun­rise to­day . . . . . . . . .5.35am Sun­set to­day . . . . . . . . .7.59pm Moon rises to­day . . . . . .1.56am Moon sets tomorrow . . .3.43pm THERE’S a nasty New Year’s Day sur­prise for mo­torists, who will face a 93-oc­tane petrol price rise of 39c/l and a 95-oc­tane rise of 38c/l on Jan­uary 1, the Cen­tral En­ergy Fund said.

At the coast, the price of 95oc­tane petrol will be R13.20 a litre, up from R12.82 a litre, while in Gaut­eng it rises to a record high of R13.57 a litre, from R13.19 a litre the month be­fore. Both grades of diesel will cost 32c/l more.

The price of il­lu­mi­nat­ing paraf­fin will in­crease be­tween 39c/l and 52c/l, while the max­i­mum re­tail price for LP gas will in­crease by 56c/kilo­gram.

The in­crease will be the sec­ond in two months, af­ter the price of all grades of petrol was hiked 17c/l at the be­gin­ning of the month, co­in­cid­ing with the im­ple­men­ta­tion of e-tolling on Gaut­eng high­ways.

Ex­plain­ing the in­crease, the depart­ment said the av­er­age in­ter­na­tional prices of petrol, diesel and il­lu­mi­nat­ing paraf­fin had in­creased from Novem­ber 29 to De­cem­ber 26.

The fuel levy would in­crease to 10.96c/l from Wed­nes­day, the en­ergy fund said.

The price of fuel in South Africa has risen by 252 per­cent over the past decade, and by 276 per­cent for diesel.

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