THE FUSE

If you were hoping to find good news here, you haven’t been paying attention. Oil prices around the globe are spiking — and it’s all thanks to the ongoing crisis in the Middle East. The strain put on oil reserves has had what you might call an adverse effect on South Africa’s fuel prices, with the Central Energy Fund predicting a massive R6/l diesel price hike this April. It’s not looking much better for petrol, which faces a nearly R4/l increase.