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South Africans are bracing for a major fuel price shock, with petrol prices rising by more than R3 a litre from tomorrow. Petrol 95 will climb above R30 a litre, while diesel will rise above R35, adding pressure to already stretched households and businesses.
South Africans are bracing for a major fuel price shock, with petrol prices rising by more than R3 a litre from tomorrow. Petrol 95 will climb above R30 a litre, while diesel will rise above R35, adding pressure to already stretched households and businesses. So, what is driving this sharp increase, and what does it mean for consumers and the economy?
Guest: Bobby Ramagwede, CEO of the Automobile Association of South Africa
The skinny
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