Based on the current data, the price of petrol could increase by up to ten cents a litre in September, the Automobile Association said on Thursday. The AA further foresees that the price of illuminating paraffin could increase by 12 cents and diesel as much as 16 cents. The AA commented on unaudited mid-month fuel..
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Bad news for motorists: unleaded octane fuel inland will cost you more than R16 a litre,
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Fuel now more expensive than gold says consumers mockingly
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The fuel price that will hike further this Wednesday makes the liquid almost as expensive as gold, says consumers mockingly. Wednesday, the price of petrol will increases by R1.34 per liter, and diesel increases by R0.82 per liter, leaving a big hole in motorists budget. The increase is attributable to the weak Rand and the..
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Rand fall and fuel prices rise after government’s reckless statements about land expropriation
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The poor performance of the Rand is definitely not good news for motorists. The Rand fell more than 8%, partly due to the mess on the Turkish financial markets. Although the oil price is relatively stable and even slightly lower, the weak rand will push the fuel price upward. The rand also visibly weakened after..
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No good news for consumers, you’re going to struggle more
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The Reserve Bank announcement that the repo rate is reduced by 0.25% is a very slight sugar stroke over other shocks that consumers are going to hit and their living standards will be negative.
Just after Easter week fuel
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