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petrol hike priceslatest news & developments
The current inland price for a litre of 95 octane unleaded petrol is R14.08. From Wednesday, this will rise to R14.82 per litre. (Delwyn Verasamy/M&G)

Brace for big fuel price increase on Wednesday

The fuel price announcement for March was made by Minister of Energy, Jeff Radebe, on Monday morning

(John McCann & M&G data desk)

The future of the middle class is bleak

Cost pressures, stagnant wages and a bleeding economy are pushing many people into poverty

Motorists can expect relief at the fuel pumps in October, with the price of all grades of petrol and diesel set to decrease from Wednesday

Slight petrol price increase expected in August

The Department of Energy announced on Monday that the price of both grades of petrol would increase by 1c a litre from Wednesday

South Africa has many macro-assets attractive to investors, such as a vibrant democracy, a relatively diversi?ed economy, abundant natural resources and a transparent legal system.

Higher fuel prices help push June Consumer Price Index to 4.6%

Fuel prices have been steadily increasing since April due to a combination of higher global oil prices, higher fuel taxes and a weakening rand

President Cyril Ramaphosa. (Ruvan Boshoff/Reuters)

Ramaphosa downplays hope of a quick fix for high fuel, VAT

Ministers in the economic cluster have a two-week deadline to come up with measures to ease the burden of high fuel prices and the VAT hike

A mass meeting of Uber and Taxify drivers took place at Zoo Lake in Johannesburg on Monday

Uber: It’s drivers vs the corporate machine

A group of drivers have asked that the ride-hailing company reduce its service fee in light of the fuel price hike

The cost of petrol will fall by more than 60 cents a litre, while diesel users will benefit from reductions of up to R1.50 a litre. . (Oupa Nkosi)

Inland petrol price climbs up to over R16/litre

The latest hike has taken the per litre price of petrol further into record territory

Gabon’s President Ali Bongo Ondimba (Michael Nagle/Bloomberg/Getty Images)

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

From 1 April to 5 May, the levy on petrol will drop from R4.10/litre to R1.10/litre and on diesel from R3.93/litre to R0.93/litre, while other levies, including the Road Accident Fund and Carbon Fuel Levy, remain unchanged.

Higher prices for petrol, diesel in Kenya

Kenya’s energy regulator had to raise its retail price of petrol and diesel due to a weaker local currency and rising global oil prices.

At midnight the price of petrol 93 (ULP & LRP) will decrease by 58 cents a litre and the price of petrol 95 (ULP &LRP) will drop 72.00c/l. (File photo)

Petrol increase could affect SA’s food security

The petrol price hike, announced by the energy department, is bad news for the agriculture sector, says an agricultural union.

At midnight the price of petrol 93 (ULP & LRP) will decrease by 58 cents a litre and the price of petrol 95 (ULP &LRP) will drop 72.00c/l. (File photo)

Massive rise in petrol price expected

South Africans may face a petrol price hike of up to 78 cents a litre next month, according to ETM Analytics managing director George Glynos.