Motorists in South Africa are set to face yet another fuel price increase in August, according to the Automobile Association (AA).
The association reported that the unaudited data from the Central Energy Fund (CEF) indicates a hike in fuel prices for all grades, putting additional strain on already financially stretched South Africans.
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Based on the data, ULP95 petrol is expected to increase by around 35c per litre, while ULP93 petrol will see a rise of approximately 30c per litre.
Diesel prices are also anticipated to surge by about 72c per litre, along with a similar increase for illuminating paraffin.
With fuel being a crucial component in the transportation of goods and services, the association highlighted that the price hike will inevitably lead to higher costs for consumers in various sectors.
This further financial burden is likely to have ripple effects on everyday expenses, impacting already struggling households across the country.
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As motorists brace themselves for the impending increase, concerns are growing about the overall economic impact on an already challenging financial landscape.
South Africans are left hoping for some relief in the future, but for now, they have to prepare to pay more at the pump and adapt to the rising costs of goods and services.
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