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Petrol Price

Petrol prices pump up the pain
Business
/ 4 March 2024

Petrol prices pump up the pain

Motorists are in store for another price hike come Wednesday

By Sarah Smit
Brace yourself for a big petrol price increase in February
National
/ 5 February 2024

Brace yourself for a big petrol price increase in February

Data from the energy fund warns of a significant increase for all grades of fuel

By Umamah Bakharia
Explainer: What forces will shape South Africa’s economy in 2023?
Business
/ 5 January 2023

Explainer: What forces will shape South Africa’s economy in 2023?

Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around

By Sarah Smit
Inflation rises, bucking expectations
Business
/ 23 November 2022

Inflation rises, bucking expectations

The increase will probably add to the South African Reserve Bank’s hawkishness, with analysts expecting another large repo rate hike on Thursday

By Sarah Smit
Inflation eases again in September
Business
/ 19 October 2022

Inflation eases again in September

But prices are expected to remain higher for longer in the wake of a tighter oil market

By Sarah Smit
Reserve Bank lifts repo rate another 75 basis points, as rand weakens
Business
/ 22 September 2022

Reserve Bank lifts repo rate another 75 basis points, as rand weakens

Two of the monetary policy committee’s five members preferred an even more painful 100 basis point hike, as bank remains hawkish

By Sarah Smit
Why fuel price subsidies would not reduce poverty
Opinion
/ 23 August 2022

Why fuel price subsidies would not reduce poverty

It is worthwhile for government to find more effective policy responses instead of a universal subsidy response

By Margaret Chitiga-Mabugu, Ismael Fofana and Ramos Emmanuel Mabugu
UK drivers in go-slow protest over surging fuel prices
Top Six
/ 5 July 2022

UK drivers in go-slow protest over surging fuel prices

Rail workers have already staged a series of stoppages to press for better pay as Britain’s headline inflation reaches a 40-year high

By Agence France Presse
A year after the riots, South Africa is a tinderbox waiting to be lit
Business
/ 1 July 2022

A year after the riots, South Africa is a tinderbox waiting to be lit

Some of the conditions in which the July unrest occurred have abated but others, such as the spiralling cost of living, have worsened

By Sarah Smit
Cost of living: Informal sector pushed to ‘desperate situation’
Business
/ 6 June 2022

Cost of living: Informal sector pushed to ‘desperate situation’

The ability of informal traders to absorb any more shocks — suchas the fuel price hike — has reached zero

By Greg Ardé
South Africa’s middle class endures rising cost of living
Business
/ 6 June 2022

South Africa’s middle class endures rising cost of living

The financially stretched middle class is teetering on the brink as fuel and food prices gnaw at their disposable incomes

By Sarah Smit
Sudan staggers under weight of Africa’s biggest fuel spike
Africa
/ 31 May 2022

Sudan staggers under weight of Africa’s biggest fuel spike

Over the past year, the price of petrol in Sudan has risen by 132%, the steepest increase on the continent. Although economic factors play a role, the country’s generals also have a lot to answer for.

By Ahmed Gouja Nyala
Winter is here: Inflation, debt cools the economy
Business
/ 24 May 2022

Winter is here: Inflation, debt cools the economy

There is a lot bearing down on South African consumers and, without growth, the economy stands to decline

By Sarah Smit
Petrol price to decrease slightly from Wednesday
Business
/ 3 May 2022

Petrol price to decrease slightly from Wednesday

But the wholesale price of diesel and illuminating paraffin will go up

By Anathi Madubela
Brief reprieve for motorists: treasury reduces fuel levy by R1.50 a litre until the end of May
Business
/ 31 March 2022

Brief reprieve for motorists: treasury reduces fuel levy by R1.50 a litre until the end of May

The emergency fuel-price intervention was announced by the treasury in the parliament on Thursday afternoon, in light of skyrocketing global oil prices

By Anathi Madubela
Reserve Bank set to hike interest rates
Business
/ 23 March 2022

Reserve Bank set to hike interest rates

Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally

By Sarah Smit
Petrol rations mooted if Russia crisis persists
Business
/ 15 March 2022

Petrol rations mooted if Russia crisis persists

But ‘we are not there yet’ says the department of mineral resources and energy

By Sarah Smit
Relief as treasury puts brakes on fuel levy hike amid petrol price crunch
Business
/ 23 February 2022

Relief as treasury puts brakes on fuel levy hike amid petrol price crunch

The last time the fuel price was not increased because of a change in either the fuel levy or the Road Accident Fund levy was in 1990

By Sarah Smit
Russia-Ukraine crisis sends oil prices soaring as South Africans face record fuel prices
Business
/ 22 February 2022

Russia-Ukraine crisis sends oil prices soaring as South Africans face record fuel prices

The threat of a major war in Europe has kept global financial markets on tenterhooks

By Sarah Smit
2022: A return to normality or more economic uncertainty?
Business
/ 5 January 2022

2022: A return to normality or more economic uncertainty?

Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track

By Sarah Smit
Oil volatile amid cartel crisis
Business
/ 9 July 2021

Oil volatile amid cartel crisis

The breakdown of the oil-producer alliance could cause already high prices to spike

By Sarah Smit
‘Gear up for electric cars’
Business
/ 30 April 2021

‘Gear up for electric cars’

South Africa is behind others on e-mobility policy. But it’s not too late

By Sarah Smit
Saudi strikes spill hopes of a petrol price cut
Article
/ 20 September 2019

Saudi strikes spill hopes of a petrol price cut

The AA forecasts 95 octane will drop by 5 cents a litre and 93 octane by 20 cents

By Tshegofatso Mathe
Energy department confirms huge fuel price drop for January
Article
/ 28 December 2018

Energy department confirms huge fuel price drop for January

The price drops will come into effect on Wednesday January 2 2019

By Agency
Save petrol tip spills over to crazy
Article
/ 4 October 2018

Save petrol tip spills over to crazy

‘My immediate reaction was to think of ways to combat the grave injustice of the petrol price’

By Hans Mackenzie Main
Letters to the Editor: July 13 to 19
Article
/ 13 July 2018

Letters to the Editor: July 13 to 19

Our readers write in about the Mail & Guardian’s bias and a writer’s attack on his ‘favourite whipping boy’

By Letters
The drivers behind fuel price hikes
Article
/ 6 July 2018

The drivers behind fuel price hikes

Ways to cushion the knock-on effects, to protect the poor in particular, must – and can – be found

By Sabelo Mtantato
Petrol, toll fees to add to consumer debt burden
Article
/ 30 April 2018

Petrol, toll fees to add to consumer debt burden

The department of energy announced that petrol prices would increase 49c/l on May 2, while diesel will increase by 59c/l at most

By Staff Reporter
Breakdown: Why is petrol so pricey?
Article
/ 10 April 2018

Breakdown: Why is petrol so pricey?

Wondering why petrol is so pricey? The AA has published a breakdown to educate consumers on how the fuel price is determined

By Staff Reporter
Petrol price relief for motorists
Article
/ 5 February 2018

Petrol price relief for motorists

The latest decrease in petrol prices comes on the back of a sterling rand performance against the dollar.

By Agency
Petrol price up as Automobile Association warns of further fuel hikes
Article
/ 2 October 2017

Petrol price up as Automobile Association warns of further fuel hikes

The Department of Energy announced on Monday that a litre of 95 octane petrol will cost R14.01 inland and R13.52 at the coast from Wednesday.

By Agency
The fuel price is set to be as cheap as it was in 2012 because of the rand’s strength
Article
/ 18 August 2016

The fuel price is set to be as cheap as it was in 2012 because of the rand’s strength

The currency is much weaker than it was then, but crude was more than double its current value.

By Staff Reporter
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