Government is exploring ways of capping the price of unleaded petrol, which is currently at an all-time high, with consumers feeling the brunt of the soaring costs of transport and food.
There is good news for motorists as the retail price for all grades of petrol will decrease by 10 cents a liter from Wednesday. However, diesel and paraffin will cost 20 cents more a liter.
Analysts say a cap on the price of 93-unleaded petrol will ultimately have a negative impact on consumers.
Motorists can expect a steep hike in the fuel price next Wednesday.
Motorists can expect some relief at the pump next week. The petrol price is expected to drop by 29 cents a litre and diesel by 16 cents a litre.
Great news for motorists, from midnight the price of 95 unleaded petrol will come down by 34 cents.
The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weaker rand currency and higher crude oil prices, the Energy department said on Monday. The price of petrol will rise by 71c to R14.76 per litre in the commercial hub of Gauteng, while that […]
AA expects a further hefty hike in fuel prices next month with 95 unleaded petrol heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday.