After contending with a 49c a litre hike at the start of this month, the beginning of July brings another large petrol price rise.
The Department of Energy confirmed the increase on Friday afternoon.
Let's take a closer look at what's behind the hike and how much more you'll be paying at the pump…
The petrol price is rising between 41c and 44c
From Wednesday, the petrol price is r... ››› more
This afternoon, the Department of Energy announced a hefty hike in the price of petrol and diesel.
This is thanks to a rising oil price and a weak rand. But what's making it even worse is the additional fuel levies the finance minister announced at the budget last month.
Let's take a closer look at how much more you're going to pay at the start of April…
The petrol price is on the ri... ››› more
Recently, motorists have looked forward to the first Wednesday of the month when the new fuel price comes into effect. For months, it's been trending downwards.
But change is afoot this week.
On Wednesday, motorists will have to cough up significantly more for a litre of petrol or diesel.
And motorists have further hikes to prepare themselves for in the months ahead.
So how much more ... ››› more
Over the past couple of weeks, the oil price has broken from its downward spiral and been rapidly rising.
This along with a weak rand is pointing to a hike in the fuel price in the first week of March.
Let's take a closer look at what motorists could be paying at the pump in two weeks' time…
Petrol price cuts look over for now
Yesterday, the Automobile Association (AA) warned moto... ››› more
After prices at the pumps jumped substantially higher at the start of the month, motorists can't expect any respite come March. Today, the Automobile Association of South Africa (AA) warned it expects a large hike in fuel prices again. This as the rand continues its struggle against the dollar and oil prices rise. Let's take a closer look at what you could be paying at the pump come 5 March…
F... ››› more
Earlier today, the Department of Energy announced news that motorists have been dreading. The price of fuel is to see a hefty hike. You can thank the weak rand for the increase. Let's take a closer look at what this means for motorists…
Two weeks ago, the Automobile Association of South Africa (AA) warned motorists of a hefty fuel hike coming their way. The AA estimated that the price of petro... ››› more
After the massive hike in fuel prices we saw at the start of this month, it looks like another ample hike is on its way. And with just over a week left before any increase takes effect, motorists are already worrying…
By the middle of next week, chance are you’re going to be paying a lot more for the luxury of filling up your car.
The Energy Department will reveal in the next couple of da... ››› more
The Monetary Policy Committee will release its latest decision on interest rates on Thursday. With economic growth struggling, a hike would be bad news. But inflation is under pressure because of a weaker rand. An interest rate hike will help keep inflation down. What is the Reserve Bank going to do on Thursday? Read on to find out more about this conundrum the Reserve Bank faces…
Gill Marcus,... ››› more
Last night, petrol stations were queued as motorists waited in line to fill their cars up before the new price increase took effect. As of midnight, filling your car cost another 84c per litre. Add to that an increase in municipal tariffs for electricity and water coming into effect this month and you have the perfect recipe for less money in your pocket…
The dreaded fuel hike has happened. Mo... ››› more
Finally, we got the bad news we've been waiting for. From Wednesday we'll be paying another 84c a litre at the petrol pump. Not good news for you or the South African economy. Inflation is bound to creep up after this latest announcement…
Speculation’s been building about how much more we would be paying for our fuel before today’s announcement by the Department of Energy. A general consen... ››› more
On 6 February, the retail price of all grades of petrol increased by 41c a litre. Now, economists warn the petrol price is expected to rise by up to 80c a litre next month. In fact, the petrol price could reach R14/litre in 2013. But thanks to a unique investment vehicle, you can use to put the recent petrol price hikes to your investment portfolio's advantage… The petrol price hike earlier this... ››› more
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