Motorists hit by another steep fuel hike

Johannesburg - Motorists are in for more pain when the prices of petrol and diesel rise sharply next week - for the fourth consecutive month.

All grades of petrol will rise by 23c/litre and diesel by 36c/litre. This brings the price of 95 octane petrol in Gauteng to R10.77/l and at the coast to R10.47/l.

Diesel will cost R10.01/l in Gauteng and R981/l at the coast.

The department of energy said while global oil prices came down the rand weakened, prompting the steep hike.

Please explain this to me:
In July 2008 the price of petrol was R 10.50, exchange rate $/R 7.5 and brent cruide oil $ 145-00 a barrel, now we are paying more for petrol, the echange rate is very simiral but the price of oil is $ 35-00 cheaper a barrel ! :S

Petrol R14 a litre in UK

We depend on cars in this country and travel bigger distances Hibs, at least you have a decent public transport over in the UK....

My highlighted statement in bold sums it up, we are getting farked over by this bloody government. Our electricity has increased by 60% in the last 2 years.... More to come in Feb when we will have to pay for tolls as well, UNLESS you are a taxi or bus then you won't have to pay.... Those farkin taxi's should be paying double cause they the cause of 99% of accidents in SA.

I'm R800 a week in petrol -

I think somebody is getting a kickback somewhere along the line again :S

in more than one area. ouch

www.iol.co.za/news/south-africa/gauteng/...ing-system-1.1167392

it is R14 a litre in the uk but the min wage is R79.00 per hour .Hope that makes sense it is actually cheaper to live in the UK this statement might surprise a lot of people.

nope it doesnt.

Wow guys i think i must get myself a car that doesnt work with fuel because our government is really messed up the big shots let petrol prices rise and stil they dont pay a cent for this petrol this benefit only them.The next time Helen Zille went out campaining she must adress this fact because the Anc is doing nothing for us they just there to let us struggle and make life difficult for us the people but for them thats sitting on that cosy chairs the gud life continue.

Go DA go DA

when dictators run your financial affairs what do you expect

I think i must go and live abroad then

they need more money to waste....they got no sound financial skills whatsoever.... bunch of dumbass clowns the whole lot!!!!!!!