Petrol users across South Africa are paying around R5 a litre more for fuel in May 2021, compared to May 2020. These increases come off the back of significant fuel price increases throughout the first few months of the year, which saw fuel reach record highs in April. Although fuel prices dipped a little in […] More
The Automobile Association (AA) says it expects a further hefty hike in fuel prices in April with 95 ULP heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday. The AA was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The additional […] More
South African fuel users are set to be hit with yet more steep price hikes going into March. This is according to the Automobile Association (AA) which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The Association says although the Rand performed well against the US dollar during February, […] More
Fuel prices are set for a significant spike when the price for February is adjusted next week. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The Association says expects petrol to rise by up to 82 cents a litre, diesel […] More
Not even a steep bounce in both the Rand/US dollar exchange rate and international oil prices could take the shine off the good news, which is that all grades of fuel will be cheaper in October. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by […] More
Global oil prices strode higher during July, setting the stage for fuel price increases in August despite a surprise upside from the Rand. This is according to the Automobile Association which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. As matters currently stand, petrol is likely to increase by […] More
South Africa’s fuel price is comprised of many different elements, some of which make fuel in the country more expensive than that in neighbouring countries to which South Africa exports. The AA publishes an annual breakdown of the fuel price to give South African consumers and motorists a snapshot of the cost composition of every […] More
Globally destructive economic instability has pushed fuel prices into drastic retreat, leading to some very rare good news for South African motorists. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. “Coming in the wake of March’s record fuel price reductions, […] More
Comment by Paul Makube, Senior Agricultural economist at FNB Agri-Business The South African agriculture sector as well as consumer can breathe a sigh of relief following the announcement of a massive fuel price decrease of R1,76/ litre of both the retail price of the 93 ULP and LRP petrol, with the 95 ULP and LRP […] More
Ongoing declines in the price of oil since the second week of the year will give South African fuel users a breather for February. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. “Rising tensions between the USA and Iran in […] More
Diesel fuel is one of the heaviest financial burdens a farmer has. It is diesel that make all mechanical things on the farm move – tractors, trucks, harvesting machines, self-driven sprayers, the bakkie and for driving power generators. For that reason it pays a farmer to buy his diesel in bulk at a lower price, […] More
Unexpectedly strong international fuel prices have raised the spectre of an unwelcome fuel price hike for petrol users at the end of April. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. The current data suggests that petrol may increase by […] More
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