No festive cheer at the pumps

Johannesburg – Any fuel price relief from next month is likely to be limited as a weak rand and rising oil prices are likely to send the price at the pumps higher by the festive season. According to the Central Energy Fund’s latest figures, released on Wednesday, the South African government is overrecovering by between […]

AA predicts petrol drop of at least 18c

The petrol price could drop between 18 and 22c a litre‚ the Automobile Association (AA) said on Thursday. But‚ the AA warned‚ don’t get too hopeful of future price reductions. “Sustained declines in international oil prices since mid-month will bring some relief at the pumps‚” said an AA statement‚ adding that this is based “on […]