Speaking to IOL, emeritus professor of international law at Unisa André Thomashausen commented on the possibility of prices drastically spiking. “In a worst-case scenario, South Africa could expect liquid fuel prices to increase to about R40 per litre. As Eskom energy production depends much on imported diesel, electricity prices could increase by up to 40%.” Thomashausen explains that these factors could have a devastating effect on the nation’s finances. “This could have a devastating effect on all the parameters of the current budget and sink South Africa’s hopes for a post-Covid economic r…