Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

South Africa: Fuel Hike Forces Families to Make Painful Choices

[Scrolla] Petrol has increased by R1.34 a litre while diesel has jumped by as much as R3.14, putting more pressure on struggling households. Motorists say they are cutting family activities, treats and other spending to afford fuel as salaries struggle to cover rising living costs.

Many South Africans are facing a tough decision following the recent fuel price hike. The increase, now at R1.34 per litre for both petrol grades and R3.14 or R2.93 per litre for diesel, forces families to make painful choices. Motorists, who rely on their cars for work and daily errands, are particularly affected. Some are considering cutting entertainment and family activities, while others are giving up small treats they can no longer afford.

One motorist using about 180 litres of diesel daily estimates his monthly operating costs could rise by around R30,000. Residents in Bloemfontein express concern that higher transport costs may eventually lead to increased prices for food and other basic goods, as their salaries remain unchanged. The Department of Mineral and Petroleum Resources attributes the increase to problems in the international oil market, citing restrictions on Russian fuel exports and shipping route issues in the Strait of Hormuz and Red Sea as contributing factors.

While the impact of higher fuel prices is most directly felt by those who own cars, economists warn that the increased costs could put additional pressure on household budgets, disproportionately affecting lower-income families with limited money to spare for essential expenses. As families once again confront the need to reduce their budgets, the latest fuel hike highlights the broader economic challenges faced by ordinary South Africans.

Written by urgent.news from AllAfrica's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at allafrica.com →

More in Finance & Markets

More from Wednesday 2 September →