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  • Farmer's Weekly

    Increasing fuel prices, and what it means for road freight logistics

    Mar 01, 2024 3 minutes

    There are dire forecasts of large fuel increases looming in March 2024: diesel by at least R1,40 for 500ppm and R1,50 for 50ppm. The price of petrol, octane 93 and 95, will increase by at least R1,30 per litre.

    The Central Energy Fund (CEF) attributes the forecasted price hikes to rising international fuel prices, which were around US$82 a barrel when the forecast was done. However, the strength of the rand plays

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