Energy Department Attributes Strong Rand For Cushioning Fuel Price Hike

fuel - Energy Department Attributes Strong Rand For Cushioning Fuel Price Hike

The Energy Department says it believes the strengthening of the rand has lessened the petrol price hike by nearly 10 cents.

From Wednesday, motorists will have to fork out 7 cents more for a litre of petrol.

The price of diesel will be going up by between 1 and 2 cents a litre.

While consumers will now be paying 7 cents less for illuminating paraffin.

The department’s Robert Maake said, “The strengthening of the rand has cushioned the price.”

The post Energy Department Attributes Strong Rand For Cushioning Fuel Price Hike appeared first on iAfrica.com.

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