After the hikes of recent months, the latest cuts were made possible by decreases in international petrol, diesel and illuminating paraffin prices.
To ease the burden of high fuel prices increases on motorists, government introduced a two-month R1.50 reduction in the petrol and diesel levy in April and May, which was adjusted to 75c/and 93 unleaded to R24.
99/Energy minister Gwede Mantashe gazetted a notice on July 22 proposing a price cap on 93 octane petrol which would allow fuel retailers to discount prices of 93 unleaded, allowing motorists to shop around for the best deal as they do for diesel. The retail price of petrol is set by government and it is illegal at any other price.Register or sign in now.
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Petrol and diesel price cuts to bring relief to motorists in AugustAfter the hikes of recent months, the latest cuts were made possible by decreases in international petrol, diesel and illuminating paraffin prices.
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Petrol and diesel price cuts to bring relief to motorists in AugustAfter the hikes of recent months, the latest cuts were made possible by decreases in international petrol, diesel and illuminating paraffin prices.
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Petrol and diesel price cuts to bring relief to motorists in AugustAfter the hikes of recent months, the latest cuts were made possible by decreases in international petrol, diesel and illuminating paraffin prices.
Read more »