Ricochet News

Latest AA prediction says motorists should expect a huge fuel price hike in March

Feb 28, 2019
Latest AA prediction says motorists should expect a huge fuel price hike in March

If the latest prediction by the Automobile Association of South Africa (AA) is to be relied on, motorists are in for a huge petrol price hike in March.

The AA said that; “Rising international petroleum prices have resulted in South Africans facing substantially higher fuel prices in March.

“The rand-US dollar exchange rate has worked slightly in South Africa’s favour during February, giving savings of up to nine cents a litre. However, this has been shouldered aside by fuel price rises.”

The Association now predicts Petrol to go up by 73 cents; Diesel by 92 cents and Illuminating Paraffin by 74 cents.

“These price hikes come as toll fees across the country increase tomorrow, while additional increases to the General Fuel and Road Accident Fund levies will apply in April,” it added.

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