By: Natasha Archary

The Automobile Association (AA) says latest data from the Central Energy Fund (CEF) is pointing to a bleak outlook for petrol prices in March.
According to the AA, motorists can expect the prices of petrol to jump to a more than R1 a litre increase.
“The latest figures from the CEF shows the increase for 95 unleaded petrol is noted at R1.20/litre, while 93 unleaded petrol is forecast to be R1.15/litre.
Diesel is showing an increase of around R1.18/l, while illuminating paraffin is set to increase by 63c/l. If realised the increases will result in 95ULP inland costing R24.44/l, and 93ULP inland will be R24.10/l.”
Some of the main drivers behind the increases is higher than international product prices in addition to the higher average Rand/Dollar exchange rate.
On the other hand there is some good news for consumers, as the two main levies on fuel, the General Fuel Levy (GFL) and the Road Accident Fund (RAF) levy will not be increasing for the third consecutive year.
These fuel predictions are not confirmed and the Minister of Mineral Resources and Energy will reveal the official adjustment of fuel prices before Wednesday, 06 March.
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