Fuel price decreases on the horizon – AA
Significant decreases to fuel prices across the board are expected in September based on current unaudited mid-month data from the Central Energy Fund (CEF). And,
Significant decreases to fuel prices across the board are expected in September based on current unaudited mid-month data from the Central Energy Fund (CEF). And,
As interest rates increase to curb rising inflation, coupled with fuel and loadshedding, amongst other challenges – all putting pressure on the profit margins of
The consecutive large increases in the fuel price over the past number of months have left consumers reeling, largely due to the impact such increases
Consumer prices in South Africa are rising at an alarming rate on account of the pandemic and the Russia-Ukraine war. These events have contributed to
Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The
Following the Finance Minister’s generous accommodation of an almost two months reprieve in the fuel price that entailed a R1.50c per litre reduction in the
The surprise announcement of a temporary reduction of the general fuel levy by the Minister of Finance is most welcome as it helps curtail the
Deputy Finance Minister David Masondo has warned that with South Africa being a net importer of oil, the persistent conflict in Ukraine is having a
South Africa’s latest fuel price increase, which came into effect on 1 December, put the cost of petrol over the R20 per litre mark (about
There is an urgent need to re-look at South Africa’s fuel price model after another price hike in December – which was mostly not a
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