March petrol price hike will be bigger than anticipated Johannesburg – Following some much needed relief towards the end of 2018, South Africa’s fuel prices are back on an upward trajectory and motorists should brace for a spate of increases in the coming months. The pain starts in March, with late month data from the…
With the addition of the carbon tax, and another hike in the general fuel and Road Accident fund levies, motorists will soon be paying a big chunk of their total petrol bill to government. In his budget speech on Wednesday (20 February), finance minister Tito Mboweni said that the general fuel levy will be increased…
Petrol Price in DEC Expect a massive petrol price drop in December. The AA has stated that motorists can expect a “massive petrol price reduction” in December. The price drop could be tempered by adjustments in the retail and wholesale margin, however, and “the possible continued use of the Slate Levy”, it added. It stated…
December fuel price cuts could be bigger. Johannesburg – South Africans are looking forward to some significant petrol diesel price relief in December, and current data shows that the decreases in prices could be even bigger than expected. Around mid-November, fuel price data from the Central Energy Fund pointed to decreases in the region of…
South African motorists May be in for an early Christmas present at the pumps in December, with the latest data forecasting a R1.50 petrol price cut. Based on the mid-month data published by the Central Energy Fund, movements in the petrol price currently show an over-recovery of 151 cents and 154 cents for 93 and…
The Slate Levy increase, which will take effect on 7 November, will account for 21.92 cents per litre. While most South African motorists have escaped increase in petrol prices in November, the government’s plan to raise the fuel levy has garnered staunch criticism. After much speculation, and seven consecutive petrol price increases, the Minister of…
Announcement The Department of Energy has published the fuel price adjustments for November 2018 – announcing no changes to petrol prices, with another nasty hike for diesel. According to the department both grades of petrol (93 and 95) will see no increase of decrease, while diesel will be going up by between 48 and 51…
Another increase in fuel prices expected in November Further substantial fuel price hikes are lined up for the end of October. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. “International oil prices remain stubbornly high and it is possible that…
Price Increase Expected The petrol price is expected to increase by around R1.20-R1.30 per litre in October 2018, with additional increases expected in November and December. Economist Dawie Roodt said it was highly unlikely that this petrol price increase is based on the existing formula used by the energy department to calculate under or over-recovery….
Fuel Price Increase The newly formed People Against Petrol and Paraffin Price Increases (Pappi) has vowed to intensify its fight against the fuel price increase. The vow comes ahead of predictions that the fuel price could increase by more than a rand a litre next month. “South Africans are reeling from catastrophic hikes almost every…
