Motorists should brace for another round of fuel price hikes next week amid strong consumer demand and low oil supply in the global market.
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The oil price and dollar-to-rand exchange rate are pointing in the right direction for more fuel price relief in the coming year, but another factor may reverse the reductions somewhat.
Motorists should brace for another round of fuel price hikes next week amid strong consumer demand and low oil supply in the global market.
A bolstered oil price and weakened rand spell more bad news for South African motorists in February.
The department of mineral and petroleum resources cited a higher crude oil price and a weaker rand
Following a recent rollback, motorists can expect fuel prices to increase in the second week of the year.
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