fuel
Fuel set for October drop
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[...]
Fuel to climb as oil outmuscles Rand
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,[...]
Fuel prices – up to 50% of every litre goes to taxes
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[...]
Oil, Rand in corona fuel crash
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[...]
Massive fuel drop helps offset cost pressures for the agriculture sector
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,[...]