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Local

September ushers in welcome relief at the petrol pumps

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 reductions in fuel prices across the board, but specifically the prices of petrol. According to the CEF’s figures, ULP95 petrol […]

today3 September 2022

News

‘Significant, never before seen’ fuel price increase expected for June

Motorists are expected to dig deeper at fuel pumps with the temporary relief measure to reduce the price of petrol, set to conclude at the end of this month. During his budget speech in April, Finance Minister Enoch Godongwana announced a R1.50c reduction to the general fuel levy. Speaking on VOC’s Breakfast show on Wednesday morning, SA Automobile Association’s Layton Beard said without this relief, motorists can expect a significant […]

today19 May 2022

News

Steep petrol increase on the cards for March

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 of February 2022, the Rand-Dollar exchange rate has remained stable and is currently around R15 to the US Dollar. The […]

today23 February 2022

Local

Fuel price to significantly increase in April: AA

The Automobile Association (AA) expects a further hefty hike in fuel prices next month with 95 unleaded petrol heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday. Based on the latest data, petrol is set for a massive increase of 73 cents a litre, diesel 39 cents, and illuminating paraffin 37 cents. AA spokesperson Layton Beard says with the increase to […]

today31 March 2021

Local

Price of petrol to drop in October

South Africa’s drivers will be happy to hear that don’t need to fork out more money when filling up their tanks in October – the Automobile Association (AA) announced that fuel prices will drop “significantly”. The AA made these comments while assessing unaudited month-end fuel price data by the Central Energy Fund (CEF), and said that the fuel prices will change as follows: – 93 Petrol – 24c per litre […]

today30 September 2020

Local

South Africans will face heavy fuel price hikes: AA

Mid-month fuel price data released by the Central Energy Fund (CEF) forecasts a sharp jump in fuel prices at the end of November, reports the Automobile Association. The AA says that motorists cannot expect much respite from a weakening domestic economy. The Association said: "The Rand is testing one-year lows against the US dollar. In addition, there have been heavy increases in international oil prices." Petrol is set to rise […]

today15 November 2017

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