Motorists, businesses and consumers alike are waiting with bated breath to see what the cost of fuel will be on Wednesday when fuel price adjustments take effect and the fuel levy hike takes effect.
The hike in the fuel levy was recently announced by Finance Minister Enoch Godongwana during his third budget speech.
It will mark the first fuel tax increase in three years. Unaudited month-end fuel price data from the Central Energy Fund (CEF) shows that a stronger rand to dollar exchange rate is expected to shield motorists from the impending fuel price hikes this month.
A reduction of about four cents per litre is on the cards for petrol users, while the cost of diesel now looks set to come down by 36 cents per litre.
