The department of mineral resources says the decrease is the result of lower global crude oil prices and a stronger rand
The government should stand between us and inflation’s constant battering
The rand strengthened ahead of Wednesday’s inflation data, but it still held above R19 against the dollar
The inflation rate fell for a third consecutive month, as petrol price cuts provided some welcome relief
An increasing number of inquiries for debt counselling are from first-time home and car buyers who took advantage of low interest rates during Covid-19
Labour unions have embarked on a nationwide strike over the high cost of living
Consumer inflation surged again, after piercing the South African Reserve Bank’s ceiling for the first time in five years
Most respondents to a DebtBusters survey are anxious or uneasy about the state of their finances
Producer price inflation reached 13.1% in April, marking the highest print since 2012
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
The slowdown was helped by lower fuel prices. But this relief was temporary, as February saw another petrol hike
Sapref declares force majeure, shutting down 35% of SA’s fuel supply
Steep fuel price hikes are the result of higher levies, which came into effect this week, as well as a turbulent international oil market
The department of energy has attributed this increase in fuel price to the weakening rand exchange rate.
Weak annual growth will put the 2018 fiscal targets outlined by the treasury in the February Budget under strain
Wondering why petrol is so pricey? The AA has published a breakdown to educate consumers on how the fuel price is determined
If the rand’s depreciation continues unchecked, a petrol price of R16 per litre is possible in the medium-term, says the Automobile Association.
The price of all grades of petrol will drop by 27 cents a litre on June 2, the Energy Department said on Friday.
The retail prices of petrol will increase by 14 cents a litre for all grades on May 5, the Department of Energy announced on Friday.
The price of petrol will rise by between 48 cents and 49 cents a litre on April 7, the Energy Department said on Wednesday.
The next fuel increase is expected to be high due to the rand going through a bad patch and the introduction of new levies.
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/ 26 February 2010
The retail prices of petrol will increase by six cents a litre for all grades on March 3, the Department of Energy announced on Friday.
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/ 29 January 2010
The retail price of petrol will increase by 18 cents a litre on February 3, the Department of Energy announced on Friday.
The retail price of all grades of petrol will increase by 36 cents a litre on Wednesday September 2, it was announced on Friday.
July’s petrol price hike that comes into effect on Wednesday is unacceptable, Ceppwawu said on Monday.
The petrol price for all grades of petrol in June will rise by 17 cents a litre, the Minerals and Energy Department said in a revised statement.
The retail price of all grades of petrol will rise by 16 cents a litre next week, the Minerals and Energy Department said on Friday.
The retail price of petrol will increase by between 31 cents and 36 cents per litre, depending on the grade, on Wednesday.
Transnet’s proposed tariff increase to cover the cost of a new oil pipeline from Durban to Gauteng will hurt motorists, BP Africa said on Wednesday.
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/ 27 February 2009
The retail price of all grades of petrol will rise by 45 cents a litre on Wednesday next week, the Department of Minerals and Energy said on Friday.
Actual petrol price changes at the pump will differ from the change in the base price, the SA Petroleum Industry Association said on Monday.
The price of petrol will decrease by between R1,34 and R1,37 a litre — depending on the grade — on Wednesday January 7, it was announced on Friday.