Expect fuel hike of at least 55c
The fuel hikes will likely be the first major expense mense will face sine SA’s credit downgrades. South African motorists should brace for a significant increase in the price of fuel from the beginning of May, with mid-month data from the Department of Energy so far pointing to a petrol price hike of around 55 […]
New status could cause an increase in fuel prices
A cabinet reshuffle, a new junk status for the economy, all these could mean that consumers will have to fork out more to fill up. After the recent junk status downgrade by a number of major ratings agencies, it predicts that the first blow to consumers will be felt with the fuel price increase in […]
Fuel price set to increase in May
Consumers are going to be squeezed even tighter next month with another hike expected in the price of fuel. Neil Roets, CEO of debt counselling firm Debt Rescue, says petrol is expected to increase by 42 cents, while diesel is expected to be 39 cents a litre more expensive. ALSO READ: Fuel price to drop in […]
Steep petrol price rise expected
Motorists should brace for a significant increase in the price of fuel from the beginning of May, with mid-month data from the Department of Energy so far pointing to a petrol price hike of around 55 cents a litre, while diesel costs could increase by approximately 39 c/l. The fuel hikes will likely be the […]
Petrol price hike will bite consumers – economist
Cape Town – A fuel price hike in May would have an immediate impact on the prices of virtually all goods and services, said Neil Roets, CEO of debt counselling firm Debt Rescue. The Automobile Association’s (AA) mid-month data issued on Tuesday is forecasting petrol to increase by up to 55 cents a litre in […]
Find novel ways to boost income
Are you always left with too much month at the end of the money? If you are struggling to stretch your monthly income far enough to cover all of your expenses and debt, you are not alone. CLEVER COOK: Raise a little extra cash at the end of the month by making easy dishes to […]
40c Per Litre Fuel Price Increase For May 2017
Prepare for Fuel Price Increase – Up to 40c Per Litre
Fuel Price Increase for May 2017
Junk downgrade will hit debt-ridden consumers hard
Cape Town – The downgrade of South Africa’s sovereign debt rating to junk status by Standard and Poor’s is going to have a massive impact on deeply indebted South Africans, according to Neil Roets, CEO of debt management company Debt Rescue. S&P downgraded SA’s long-term foreign currency rating to sub-investment grade on Monday evening. The […]