Pucto bus warns of possible fare hike as diesel prices surge
Bus company Putco says its operating expenses have increased from 25% to 35% following Wednesday’s fuel hike.
The bus operator says commuters may see another fare hike in the coming months, due to the rising cost of fuel, particularly diesel.
I think maybe to quantify it, the previous month when we spent on fuel it was around R42 million; right now it’s sitting at over R51 million, hence the 35% that we are talking about from 25%,” adds Xulu.
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