There’s positive news for consumers as the price of fuel is expected to drop next month, based on unaudited month-end fuel price data that the Central Energy Fund has released.
Consumers should brace for tougher times ahead. Finance Minister Tito Mboweni is likely to announce levy increases to the fuel and road accident fund in his 2019 budget speech this week.
The Automobile Association says if the Rand continues to strengthen against the US Dollar it could result in good news for motorists in the coming months.
Fuel prices have dropped at midnight with petrol prices decreasing by at least R1.22 a litre.