Mantashe added that the increase in Brent Crude Oil contributed to the fuel hike.

He also said the exchange rate between the rand and dollar impacted the fuel prices for this month.

EWNreported that petrol is going by R1 litre while diesel will increase by either 63c or 65c.

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The hike has frustrated many across the country as load-shedding and load reduction are still prominent.

South Africans have taken to Twitter to share their thoughts on the topic.

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Petrol price hike in effect from midnight, fears of taxi fare increase

The record-high increase in petrol prices may result in a hie in taxi fares. Image: Rachel Wisniewski/Bloomberg and Waldo Swiegers/BloombergSource: Getty Images

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Source: Briefly News

Reeshni ChettyReeshni Chetty is a senior current affairs reporter.

Reeshni has a passion for breaking the stigma surrounding mental health issues.

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