South Africans be ready for tighten your pockets as only counting hours to go for the petrol price hike which will be effective from tomorrow i.e. January 1, 2014 on New Years itself. South Africa will be facing a petrol price increase by 39c /litre while that in diesel by 32c/litre. As per the statement from the department of energy, the reason behind this price increase is due to the global increase in the oil prices which were seen from November 29 to December 26, and in turn the rand also was weakened against the US dollar. The price of...