The Automobile Association says a record decrease in the price of fuel is expected in May due to the lockdown and other factors.
With the announcement that the country has slipped into a technical recession, it is not all doom and gloom for South Africans with the announcement that petrol prices are set to decrease.
The Automobile Association says the start of the new year could bring good news for motorists with a possible decrease in the petrol price of around 17 cents a litre.
Zimbabwe’s energy regulator has raised petrol and diesel prices by up to 16%, the fourth increase this year, after the finance minister said fuel was considerably cheaper than in neighbouring countries. President Emmerson Mnangagwa announced the biggest fuel price hike in January, a 150% increase, which sparked deadly protests by financially struggling Zimbabweans that left […]
Crude oil prices are plummeting raising hopes of a significant petrol price drop.
The Automobile Association says there is a possibility of a marginal fuel price increase next month. This is due to the forthcoming Carbon Tax – to be introduced on June 5.
The People Against Petrol and Paraffin Increases (PAPPI) has called for South Africans to hold a national protest against fuel price increases by voting out the current government.
Many motorists say they are frustrated as they brace themselves for yet another fuel price increase which will take effect at midnight on Tuesday.
Some business people in Polokwane, Limpopo, have appealed to Finance Minister Tito Mboweni to urgently address the increasing fuel prices.