Today's Labour News

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petrolpumpThe Citizen reports that with increases in petrol prices kicking in from Wednesday, 3 April, motorists will pay a lot more for the commodity at the pumps.

The Department of Mineral Resources and Energy (DMRE) published the latest official fuel price adjustments last week. As it had been reported throughout March, both grades of petrol will see big price hikes. The department said 93 octane petrol will increase by 65 cents per litre and 95 octane will rise by 67 cents per litre. The price of diesel (0.05% sulphur) will increase by 3.2 cents per litre, while diesel with 0.005% sulphur will decrease by 1.78 cents per litre. Meanwhile, illuminating paraffin will cost 29 cents per litre less, while the price of LP Gas will decrease by 19 cents per kilogram. The department noted that the Finance Minister announced in his budget speech in February that the fuel levy and Road Accident Fund (RAF) levy on both petrol and diesel would remain unchanged with effect from 3 April 2024. “However, the carbon fuel levy increased by 1.00 c/l on both petrol and diesel. Thus, the fuel levy on petrol and diesel will increase to 396 c/l and 384 c/l, respectively,” the department pointed out.

  • Read the full original of the report in the above regard by Faizel Patel and see a table of the new process at The Citizen
  • See too, Petrol price increases in April but some diesel cuts, at BusinessLive


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