Another Fuel Hike Negative For Agriculture As We Head Into The New Crop Season

This week will see another hefty fuel price hike of 5% month-on-month (m/m) for the two grades of petrol at R18.11/ litre (unleaded 93) and R18.30 (unleaded 95), which is 22% and 21% higher respectively yearonyear (y/y). The two grades of diesel will increase by 4% m/m and 16% y/y to R15.63/ litre (500ppm) and R15.66/ litre (50ppm). <a href="http://www.kayafm.co.za">kaya fm</a>