JohannesburgPetrol rises R1.34 a litre on Tuesday.
The increase sets minibus-taxi fares, the commute cost for South Africans without cars.
South Africa’s fuel-price formula converts global oil costs and the exchange rate directly into pump prices.
The state’s fuel-price deficit tops R9.5 billion, triggering a higher levy from Tuesday.
How each outlet framed it
drawn from 100+ reports worldwide
- Daily Maverick
- maps price mechanics: stronger rand saved 20-30c/l but global increases created net R1.06-R2.71 under-recovery despite currency gains
Sources: Daily Maverick