#Adulting: petrol and diesel price increase

If you had to fill up on fuel in the past two days you may have been startled by the extra money you forked out. That’s because the price of petrol increased by a staggering R1.21 per litre, while the price of diesel increased by R1.48. The price of illuminating paraffin also increased, by R1.45 per litre. Fuel prices are usually determined by international oil prices and the rand to dollar exchange rate (so we can’t really blame anyone for this one) but as  Business Insider reported, at least 32% of the cost per litre will go towards various taxes including general fuel levy and the Road Accident Fund. Ugh! So much for that road trip you had planned. 😓

This article appeared as part of The Wrap, 4 November 2021. Sign up to receive our weekly updates.