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Mail & Guardian

Petrol Price Hikes

latest news & developments
ABSA REWARDS

Absa boosts fuel cashback as petrol prices surge

As petrol and diesel prices climb by more than R3 a litre, Absa has increased its fuel cashback cap and earn rates through its rewards programme, aiming to provide immediate…

  • Brian Sokutu
2 min read
Data released by Statistics South Africa this week shows the unemployment rate fell to 33.9%, bucking expectations that the jobless level would tick up amid the second-quarter economic headwinds. (Dino Lloyd/Gallo Images via Getty Images)
CONSUMER FOOD PRICE INFLATION

No ends meat: South Africans go without

With food and petrol prices rocketing, impoverished people sacrifice nutritious food for starches that keep them full, leaving children malnourished and adults prone to disease

  • Naledi Sikhakhane
6 min read
(Jekesai Njikizana/AFP/Getty Images)
EMMERSON MNANGAGWA

The silence of their friends

"Let history not judge us harshly as the friends who were silent while Zimbabwe burnt."

  • Zukiswa Wanner
4 min read
Motorists are spending nights waiting in long queues for petrol and diesel as Zimbabwe experiences crippling fuel shortages. (Jekesai Njikizana/AFP/Getty Images)
EMMERSON MNANGAGWA

Anger as Mnangagwa raises petrol prices in Zimbabwe

President Emmerson Mnangagwa said prices of petrol and diesel would more than double to tackle a shortfall caused by increased demand

  • Fanuel Jongwe Author
  • Fanuel Jongwe
3 min read
(Reuters)
BREXIT

The ABC of a tough year

Yes, 2018 was tough, but when last did we not have a tough year?

  • Hans Mackenzie Main
3 min read
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)
CEF

Business interruption due to a breach is top cyber risk concern: Aon Global Cyber Benchmarking Report

The petrol price could drop by about R1.50 a litre, if not more, in December

  • Lynley Donnelly
1 min read
(Graphic: John McCann/M&G)
FUEL PRICE INCREASES

Haemorrhaging RAF staggers along

A new model is in the pipeline but the current fund’s liabilities are projected to rise to R393-billion by 2021-2022

  • Gemma Ritchie
5 min read
Petrol price unchanged, but increases in other fuels (Photo Archive)
AGENCY

Petrol price unchanged, but increases in other fuels

Illuminating paraffin will increase 28 c/l increase and single maximum national retail price for illuminating paraffin will increase 37 c/l

  • Agency
1 min read
BASIC FUEL PRICE

Rising fuel costs hit the poor hardest

It is not only motorists who are hurt by the increases. Everyone needs transport and food prices will rise too

  • Staff Reporter
3 min read
“Government is deeply concerned by the rising cost of petrol in South Africa which is largely caused by the rand dollar exchange rate and the price of crude [oil],” says Radebe at a post-Cabinet briefing. (Madelene Cronje/M&G)
DEPARTMENT OF ENERGY

Government considering price ceiling for unleaded petrol

A task team is examining what to do to cushion the blow of another increase

  • Jenni Evans
1 min read
‘If government doesn’t have the fuel levy, it will have to recover the income the levy provides from somewhere else’ (Graphic: John McCann)
AUTOMOBILE ASSOCIATION

Fuel pricing structure under review

Forgoing levies and duties will leave a big hole in the budget for treasury to fill

  • Lynley Donnelly
  • Gemma Ritchie
5 min read
(Delwyn Verasamy/M&G)
AUTOMOBILE ASSOCIATION

Blow to consumers as fuel price hits historic high

The department of energy has attributed this increase in fuel price to the weakening rand exchange rate.

  • Gemma Ritchie
3 min read
“As a result of the weakened exchange rate, the October outlook is a major concern,” says Minister Jeff Radebe. (Madelene Cronje/M&G)
DEMOCRATIC ALLIANCE

Radebe flags October fuel price outlook as ‘major concern’

The minister attributed the rising fuel price to international oil prices, and increases in the fuel and road accident fund levies

  • Lameez Omarjee
3 min read
“We cannot afford to delay these interventions. People are already struggling to survive, and it will only get worse unless we immediately bring the petrol price below R15 per litre” — Mmusi Maimane said. (Reuters)
DEMOCRATIC ALLIANCE

‘The DA can grow the economy and create jobs’ – Maimane

The DA says it has a plan to help the economy recover, and the focus is on stimulating small businesses

  • Mashadi Kekana
4 min read
The 4.9c/l increase will cater for the ‘annual salary increase for forecourt attendants, cashiers and other administration staff’ (Bloomberg)
AUTOMOBILE ASSOCIATION

Energy department intervenes to keep petrol price increase down

The total increase has been rounded up to 5c/l and will apply to both grades of petrol, with effect from September 5

  • Agency
1 min read