Fuel prices South Africa R40

2022 - 3 - 6

Post cover
Image courtesy of "CapeTown ETC"

Fuel prices could soar to R40 a litre (CapeTown ETC)

Russia's invasion on Ukraine has already had a major impact on thousands of civilians as they attempt to escape the violence.

Russia’s invasion on Ukraine has already had a major impact on thousands of civilians as they attempt to escape the violence. Unfortunately, the ripple effect of Russia’s continued presence in Ukraine doesn’t end there. However, separated by thousands of kilometres, the conflict could have a devasting impact on the pockets of motorists as local fuel prices may skyrocket to R40 a litre.

Post cover
Image courtesy of "The South African"

Petrol: South Africans could soon be paying over R40 a litre (The South African)

South Africans may soon be facing massive petrol price increases which could push the price per litre over R40.

The intention is to make sure that we can have a petrol price which is competitive with this economy.” Thankfully, the governm ent has announced that it would not be increasing levies in the 2022/23 financial year. With fertiliser prices also recently spiking by around 70% due to Russia being one of the world’s largest exporters.

Post cover
Image courtesy of "Briefly"

Russian Invasion of Ukraine Could Drive Fuel Price Over R40 a Litre (Briefly)

The Russian-Ukraine War could drive up the cost of living in South Africa with crude oil being a key input cost in food and energy production in South ...

The Russian-Ukraine war has driven up the cost of crude oil which could see the price of fuel in South Africa double to over R40 a litre. - This could see the price of fuel rise to over R40 a litre in a worst-case scenario which could have a knock-on effect on the economy - The Russia-Ukraine War has had a huge impact on the world and it is having a direct impact on the price of fuel

Explore the last week