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Investor Memo: South Africa’s Fuel Reckoning: Two Weeks of Reserves, a Record Price Shock, and No Quick Fix

South Africa faces the largest fuel price adjustment in its history on April 1 — with two weeks of reserves, 75 percent diesel import dependence, and farmers at 20 percent allocations, we break down who is exposed and what comes next.

Investor Memo: South Africa’s Fuel Reckoning: Two Weeks of Reserves, a Record Price Shock, and No Quick Fix

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