Record fuel price hikes push petrol and diesel to historic highs
Transport and consumer bodies including the Automobile Association have warned of deepening financial hardship after major fuel price hikes took effect across South Africa. The increases pushed petrol and diesel to historic highs, driven by soaring Brent crude prices exceeding one hundred dollars per barrel alongside a volatile rand and geopolitical tensions impacting global shipping lanes. Also in this briefing: Government drops state holding company plan; Ramaphosa to chair new SOE council; Cradle of Humankind fossils show Homo erectus in southern Africa two million years ago.
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South African petrol prices hit record highs with ninety-five unleaded reaching thirty rand and twenty-five cents.
Global refined fuel shortages have pushed diesel costs to one hundred eighty-six percent of their ten-year average.
Fixed taxes and levies currently account for seven to eight rand of every litre of fuel sold.
The South African government officially cancelled plans for the SAMSOC state holding company.
Fossil evidence confirms Homo erectus lived in southern Africa two million years ago alongside Paranthropus robustus.
South African Homo erectus specimens predate Eurasian adult fossils by two hundred thousand years.
- 01Intro1 min
- 02Record fuel price hikes push petrol and diesel to historic highs — the immediate impact2 min
- 03Record fuel price hikes push petrol and diesel to historic highs — the economic fallout2 min
- 04Government drops state holding company plan; Ramaphosa to chair new SOE council1 min
- 05Where things stand1 min
- 06Cradle of Humankind fossils show Homo erectus in southern Africa 2 million years ago2 min
- 07Outro1 min
- SA pump petrol prices hiked to record high of above R30 per litre
- Pain is here for south africans amid record high petrol and diesel prices
- South Africa Hits Record Fuel Prices After Oil Shock
- Fuel Price History South Africa | Petrol Pulse
- SOUTH AFRICAS FUEL PRICES HIT RECORD HIGHS AS PETROL CLIMBS ABOVE R30
- Global Diesel Squeeze Sends SA Fuel Prices to Record High
- SA Automobile Association slams recent fuel price hike – Channel Africa
- SA Legal Academy
- National State Enterprises Bill | PMG
- Ramaphosa to head new plan for state owned companies in south africa
- youtube.com
- tandfonline.com
- Homo erectus in South Africa: Outnumbered 10 to 1
- Scientists found Homo erectus 200,000 years earlier than expected
- Researchers described 18 previously unpublished hominin fossils from South Africa, including an adult Homo erectus dated to 2 million years ago, 200,000 years older than other known adult fossils
- eurekalert.org
- Homo erectus Was Outnumbered 10 to One by Another Human Relative
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