By: Aneeqa du Plessis Alas, after just a few brief months of reprieve, motorists have been hit with an increase in fuel prices. This comes after the Department of Mineral Resources and Energy announced that both grades of petrol has increased by 28-cents a litre, diesel by nine-cents a litre,[…]
INTERNATIONAL Crude prices were down Monday despite a move by the Saudi and Russian-led Opec+ oil cartel to slash output by two million barrels a day, underscoring the competing economic factors at play as producers look to support prices amid signs of a slowing global economy. Brent crude, the global[…]
LOCAL Despite recent rand weakness against the US dollar, the average exchange rate against the US currency is favourable and fuel prices in the country are expected to decrease significantly when adjusted next week. The Automobile Association (AA) said unaudited data from the Central Energy Fund (CEF) is indicating significant[…]
LOCAL South Africans can still expect some relief at the fuel pumps next Wednesday, although the decrease won’t be as much as anticipated earlier this month. At this stage, data from the Central Energy Fund points to a decrease of two-rand-28-cents per litre for 95-octane unleaded petrol, and that of[…]
LOCAL Cash-strapped consumers will breathe a sigh of relief as both grades of petrol are set to come down by R1.32 at midnight on Tuesday. The diesel price will drop by between 88 and 91 cents a litre. While paraffin will cost R1.44 less a litre. Trade union UASA welcomed[…]
In light of the global food crisis which has resulted from the Russian war on Ukraine, Israel announced yesterday that the price of regulated bread would rise by 20 per cent, the Economy and Industry Ministry said. The decision is due to be approved today by the Finance Ministry’s Price[…]
With fuel prices surging and another increase expected next month, government has suggested that people who can work from home do so to save. Petrol hit R21/l for the first time earlier this month after a R1.46 increase, but there are fears of a much steeper increase that could see it[…]
The Automobile Association is expecting the cost of petrol to rise well above R20 per litre at the start of March. The main factors influencing the monthly fuel price adjustments are the Rand-Dollar exchange rate and the price of petroleum products such as Brent Crude Oil. During the first half[…]
Cape Town – Three suspects have been taken in for questioning following the recent attacks on women in the vicinity of Rhodes Memorial – the latest of which was reported on Monday afternoon. It is believed that in the latest incident, the attacker assaulted the woman before attempting to rape[…]
The petrol price will increase by R1.62 a litre from Wednesday, the energy department said. The price on 95 octane petrol would increase by R1.62 in Gauteng and R1.60 on the coast, according to a statement on Friday. In Gauteng the price per litre of 93 octane petrol would increase[…]
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