Motorists to fork out record high fuel prices from midnight.

JOHANNESBURG/CAPE TOWN – As motorists prepare for record high fuel prices, there are warnings that more South Africans might be over-indebted. From midnight, a litre of petrol will cost 82 cents more while diesel is going up 85 cents. It’s the highest South Africans have ever paid for fuel. This time last year, motorists breathed […]

Petrol price hike will leave consumers indebted

Petrol price to hit record high

The price of petrol will hit an all-time high with the latest in a series of hikes announced for June. Petrol will go up by 82 cents per litre, diesel will increase by between 85 and 87 cents, and illuminating paraffin by R1.09 cents. The Department of Energy’s Robert Maake says this is due to […]

Massive increase in petrol price next week

South Africans can expect a massive increase in the fuel price when they fill up at the pumps next week, thanks mainly to rising international oil prices. Brent crude oil traded at around $76 on Tuesday, having peaking above $80 earlier in the month, and with analysts noting that prices could head toward $100 a […]