By Nomava Nobumba
19 January 2010
Financial analysts say motorists are set to pay more for their fuel from the third of next month.
They say the current under-recovery in fuel prices are a direct result of volatility on forex markets where the Rand lost ground and the rise in oil prices to above 81-dollars a barrel earlier this month.
The current under-recovery on 95-octane unleaded fuel is 19c a litre.
Diesel users are likely to pay around 15c a litre more and paraffin users could see prices rise by 11c a litre.
The looming fuel hike will be the first for this year after consumers and motorists received some relief in January
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