South Africans Face Record-Breaking Fuel Prices Amid Cost of Living Crisis πŸš—

This morning, South Africans woke up to soaring petrol and diesel prices, despite Treasury's efforts to extend fuel levy reductions. Find out what this means for your wallet and the economy.

South Africans Face Record-Breaking Fuel Prices Amid Cost of Living Crisis πŸš—
Newzroom Afrika
602 views β€’ Jun 1, 2022
South Africans Face Record-Breaking Fuel Prices Amid Cost of Living Crisis πŸš—

About this video

This morning, South Africans are waking up to exorbitant petrol and diesel prices. This is despite Treasury's extension of the fuel price levy reductions at the eleventh hour. This means motorists will have a temporary R1.50 reprieve for June, which will drop to 75 cents a litre in July. However, petrol prices will still increase by a whopping R2.43, while diesel will jump by up to R1.10 cents. Had the government not stepped in, the petrol price would've increased by nearly R4 a litre.

Energy expert Vusi Xaba weighs in.

Tune into Newzroom Afrika, DSTV channel 405, for more details.

Video Information

Views

602

Likes

11

Duration

8:02

Published

Jun 1, 2022

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