Taxi associations are preparing to hike their fares this week and pass the cost of fuel increases on to consumers already hard-pressed by the high cost of living.
Bus operators have also warned that they would be looking to government subsidies to cushion the blow from the fuel hike set to take effect on April 1.
The increase is driven by the ongoing conflict in the Middle East, with South Africans now expected to brace for record-breaking price increases from Wednesday. A litre of petrol is expected to increase by as much as R5 and diesel by up to R10.
