There is much debate around whether 95 Octane petrol is an essential to get the best performance out of your car and to avoid unnecessary wear and tear. "This is a question that often pops up in the industry," says Jakkie Olivier, CEO of the Retail Motor Industry Organisation (RMI). Towards the end of last year there was also an attempt by Government to bring about change to the existing…

South Africa’s carbon tax bill has been nearly a decade in the making but still caught many South Africans by surprise when it was signed into law by President Cyril Ramaphosa on 26?May, in a clear indication that he is willing to forge ahead with unpopular economic reforms. Critics have argued that the country cannot afford a tax on carbon emissions at a time when the economy is stuttering, unemployment…

Motorists can expect petrol price to drop by about 10 cents a litre in June, the Automobile Association predicted on Tuesday, based on unaudited month-end data released by the Central Energy Fund.  But the introduction of the carbon tax - which will add nine cents a litre to the petrol price - will likely cancel out the drop. The AA foresees that diesel users are looking at an increase of…

Variable international oil prices, and an equally unpredictable Rand/US dollar exchange rate, have combined to provide a mixed picture for fuel prices in June, reports the Automobile Association (AA), quoting unaudited month-end data released by the Central Energy Fund. "International oil prices have been up and down in May 2019. The basic petrol price has traded between 740 and 780 cents a litre, which averages out 19 cents lower for…

The impact of the expected fuel price increase in May will be wide reaching, according to George Mienie, CEO of AutoTrader, South Africa’s largest online vehicle marketplace. And the effects will not only be felt in May… Mienie says that the fuel price increases are bad news for original equipment manufacturers (OEMs), dealers, banks, fuel companies, government and members of the public. 1. Manufacturers are likely to feel the pinch…

SOUTH Africans have come to expect regular increases in the petrol price. At the beginning of the month, the price rose to R16,48 a litre. According to the AA, motorists will have to prepare themselves for yet another price increase at the beginning of next month. The AA says the coming carbon tax is likely to add 9c a litre to the petrol price and 10c to the diesel price.…

Zimbabwe has announced a massive fuel price hike after the country's central bank said it would no longer provide fuel dealers with funding for petrol and diesel. Fuel prices increased by 46% for petrol and 49% for diesel on Tuesday, according to the Zimbabwe Energy Regulatory Authority. The price of petrol has increased to RTGS$4.97, up from RTGS$3.36. A litre of diesel will cost RTGS$4.89, up from RTGS$3.22. RTGS$ stands…

Police are searching for a suspect linked to a hijacking at a petrol station near Phoenix, Durban. The incident, which was caught on CCTV footage, took place on Thursday night. Police said the motorist had stopped at the petrol station to fill up shortly after 21:00. A video doing the rounds on social media shows the car stopping between petrol pumps before the passenger steps out of the vehicle. The…

The SABC's Radio Park building in Auckland Park, Johannesburg, remains sealed off on Thursday as cleanup operations continue, following a diesel spill on Wednesday. News24 reported that 2 000 litres of diesel had leaked from a generator on the 15th floor. Employees were evacuated and were told to stay at home on Thursday, SABC spokesperson Vuyo Mthembu told News24. Netcare 911 spokesperson Shawn Herbst said three patients suffered the effects of…

The price of fuel is not expected to change much in June, according to the latest projection by the Automobile Association. "The overall picture is of little change," the AA said on Wednesday, after reviewing unaudited mid-month fuel price data released by the Central Energy Fund. Subscribe to Fin24’s newsletter here While the rand had weakened somewhat, the international price of oil had also declined. The AA said this points to…