Biggest Petrol Price Hike In SA’s History “Mid-month unaudited data from the Central Energy Fund (CEF) is predicting the biggest petrol diesel price hike in South Africa’s history by some margin,” reports the Automobile Association (AA) which has monitored the fuel price data from 1 September to date. The AA said: “A spike in international…
Under-recovery for unleaded 95 petrol was R1.11 in the first 10 days of September, the CEF says, but analysts say a stronger rand may be on the way. The Central Energy Fund (CEF) said on Tuesday that a weaker rand and a higher international fuel price hike led to more than an R1 under-recovery for…
Petrol Price Hikes South African motorists should gear themselves up for more petrol price pain in September, as the weakening rand is set to lead to a sizeable jump at the pumps next week. According to the Automobile Association (AA), citing the latest data from the Department of Energy’s Central Energy Fund, petrol prices are…
How rising fuel prices are affecting driver habits and crushing service stations – as R20 per litre is forecast According to Lightstone and Tracker As per new data from Lightstone and Tracker shows how rising fuel prices have impacted driver behaviour in South Africa – with economists forecasting worse conditions in 2019. Some economists have…
Expected Petrol Price for August Motorists can expect the price of fuel to rise for a fifth consecutive month in August, according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. It comes after the Department of Energy announced a hike in petrol in…
Fuel price increase for July So said the Automobile Association (AA) on Thursday as it released its fuel price outlook for July. Petrol prices‚ the AA said‚ are expected to rise by 26 cents a litre next month‚ diesel by 24 cents and illuminating paraffin by 20 cents. This in spite of South Africans being…
‘Petrol Must Fall’ boycott futile, says AA A message circulating on WhatsApp has been urging the public not to buy petrol on Wednesday. A ‘Petrol Must Fall’ message has been doing the rounds on WhatsApp urging the public to boycott buying petrol on Wednesday, June 20, Northglen News reports. “Petrol prices must fall. No car…
Petrol price hike is an attack on the poor The latest petrol price increase by a record 82 cents a litre is totally unacceptable. It cannot be justified on any grounds. High international oil prices and the weakening of the rand – reasons given for the massive increase, simply do not hold water. It is…
CAPE TOWN – Glencore Plc and a black-investor group are the only partners in a potential $1 billion deal to buy Chevron Corp.’s southern African assets, according to three people familiar with the situation. Business Day, a Johannesburg-based newspaper, reported earlier that South Africa’s Public Investment Corp, which invests the pensions of civil servants, could…
According to the Automobile Association, a massive fuel price hike will kick in at the end of May Motorists are bracing themselves for yet another petrol price increase. According to the Automobile Association (AA), a massive fuel price hike will kick in at the end of May. According to unaudited data, South African fuel users are currently…
