South African petrol pump prices will increase by 20 cents a litre, or 2,46%, from November 3, the government said on Friday.
The department of energy said in a statement the pump price for 95 grade petrol would rise to R8,32 a litre in the main inland commercial region from R8,12.
The wholesale diesel price will also increase by up to 12 cents a litre, or 1,52%, in the same region, which includes Johannesburg and Pretoria.
South Africa is a net importer of oil and adjusts its fuel price each month to account for changes in the rand exchange rate, the international oil price and government levies. — Reuters