The retail price of petrol will increase by 11 cents per litre from August 7, the Central Energy Fund (CEF) said in a statement. Both grades of petrol, namely 93 and 95, or ULP and LRP, will increase by the same amount, while diesel 0.05% Sulphur will decrease by 13.29 cents and diesel 0.005% Sulphur will drop by 14.29 cents per litre. Subscribe to Fin24's newsletter here The Central Energy Fund…

Port Elizabeth - The August 2019 petrol and diesel price picture is showing a mixed bag for South African motorists according to the latest fuel price prediction by the Automobile Association of South Africa. "Fuel prices for August 2019 are set for changes with petrol up and diesel down," the AA said. "This is according to the unaudited month-end fuel price data released by the Central Energy Fund." It added that…

The interest rate cut and drop in petrol price during July is good news for consumers, however, the cost of motoring continues to rise steadily. The monthly mobility basket, which comprises of vehicle instalments, fuel, insurance and maintenance fees, has risen to R7 851.39. This is 3% higher than last year, and 28% higher than five years ago when monthly costs amounted to R6 144.22. These costs are reflected by…