R73 for a litre of diesel sounds like somebody typed an extra digit. In this episode of Number of the Day, Gareth Edwards and Francis Herd unpack why Hong Kong’s fuel price is so extreme, how taxes and subsidies distort what motorists pay around the world, and why South Africans should not get too comfortable. The foreign shock is one thing. The local projection is where the real anxiety starts. This reflects the episode’s move from Hong Kong’s R73 figure to South Africa’s current fuel price and
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