By Zuko Komisa
Fuel prices in South Africa are expected to go up again next week.
As the rand continues to be under pressure, rising oil prices globally are projected to result in an increase in fuel costs in South Africa the next week.
According to the most recent information from the Central Energy Fund (CEF), local prices will increase locally by about R1.61 for diesel and 48 cents for petrol, respectively.
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The following are the CEF’s most recent predictions for fuel prices in November:
- Petrol 93 & 95 will go up by 48 cents per litre;
- Diesel 0.05% will go up by R1.61 per litre;
- Diesel 0.005% will go up by R1.64 per litre;
- Paraffin will go up by 78 cents per litre.
According to Business Tech, changes to fuel prices will take effect on November 2nd, with a formal announcement anticipated this week.
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