Based on the current data, the price of petrol could increase by up to ten cents a litre in September, the Automobile Association said on Thursday. The AA further foresees that the price of illuminating paraffin could increase by 12 cents and diesel as much as 16 cents. Subscribe to Fin24's newsletter here The AA commented on unaudited mid-month fuel price data released by the Central Energy Fund. The AA…

Earlier in July, we reported that financial powerhouses WesBank and First National Bank (FNB) are joining forces to sponsor a five-day Fuel Economy Tour of South Africa. The aim is to provide motorists not only with definitive car fuel consumption figures but also indicative travelling times between major centres in the country. The event, for standard production passenger cars and light commercials, will take place from November 12-16 and will…

Oil-producing countries, particularly those exporting crude oil, benefit from the some of the cheapest fuel prices in the world. SEE: Fuel price hikes - Here's how much neighbouring African countries are paying for petrol Cuba tops the list as the cheapest price for petrol in the world at $0.09 (R1.39) per litre, compared to South African motorists currently paying R15.72 per litre. https://www.wheels24.co.za/Fuel_Focus/see-fuel-focus-worlds-cheapest-petrol-20190812

A truck assistant suffered burn wounds to his face and hands after a bread truck was allegedly petrol-bombed near Strand on Saturday. This is the second incident of a truck being petrol-bombed in the area in less than a week. City of Cape Town fire services spokesperson Jermaine Carelse said a team of 12 firefighters responded in two fire engines and a rescue vehicle at 13:30 to the burning truck on the…

Fifty-seven people died in Tanzania on Saturday when a fuel tanker exploded after overturning on a road west of the capital Dar Es Salaam, police said. The disaster took place near the town of Morogoro, with police saying the blaze may have been sparked by a cigarette as people rushed to collect leaking fuel from the stricken truck. "There was a huge blast which has so far killed at least…

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…

Johannesburg - Late month data from the Central Energy Fund is showing a mixed bag for motorists, with a petrol set to go up slightly and diesel due for a decrease in August, according to the Automobile Association. The association is predicting a petrol price increase of around 12 cents a litre from next week and a diesel price decrease in the region of 16 cents, while paraffin is likely…

This petrol attendant became a national hero after paying for a customer’s petrol. He’s since received thousands of rands in online donations from the public. On 30 May this year Nkosikho Mbele (28) paid for 21-year-old Monet van Deventer’s petrol at the Shell Ultra City at Macassar, situated on the N2 near Cape Town. Monet had left her bank card at home. Of all the donations – including weekend holidays…