Industry News

Our Latest Blog Posts
11
Jul

Taxi fare increase: Rising fuel price takes its toll as commuters feel the pinch

Commuters are unhappy that taxi fare prices are expected to increase.  Taxi drivers believe the increases are fair, considering that fuel prices have escalated.  The NTA said taxi fare prices would increase between 25% to 30%. "The increase in taxi fares is making it hard for us, we can't afford it. We are looking for jobs and we have to use taxis to attend these interviews... it's a lot and it's not…

Read more →
11
Jul

Here are 10 things cheaper than a litre of petrol in SA – including a bag of avocados

The price of petrol has officially surpassed the R27 per litre mark in South Africa, putting motorists in a tight spot. A litre of petrol now costs more than a bag or avocados, 1kg bag of rice, and a litre of milk each. We put together a list of 10 things that cost less than a litre of petrol in South African right now, and they include a bag of…

Read more →
11
Jul

Suspected accomplice in fuel crime identified

The deceased man believed to have been an accomplice to the two caught for siphoning fuel from a Transnet pipeline near Vrede in the Free State has been identified as Katiso Tlakedi. His identity came to light in an ongoing investigation by the Hawks’ Serious Organised Crime Investigation team in the province. The cause of his death is still unknown. Those apprehended regarding the crime are South African citizen Levy…

Read more →
11
Jul

Steenhuisen wants Parliament to reconvene to deal with load shedding, fuel price, Phala Phala saga

The DA wants Parliament to reconvene urgently to deal with issues like load shedding and the Phala Phala farm robbery. The National Assembly has been in recess since 17 June, which will last until 15 August. Speaker Nosiviwe Mapisa-Nqakula previously indicated that Parliament shouldn't deal with Phala Phala while law enforcement agencies were investigating, but the Zondo Commission dismissed the notion. The DA wants Parliament to reconvene urgently to deal…

Read more →
11
Jul

Fuel prices don’t bother everyone – SA bidders forked out millions for these ol’ Ford jalopies

Fuel prices are now about R27 per litre, and while most of us can't manage our monthly budgets, not everyone in South Africa seems to be bothered about filling up. The price hike means increased public transport fares and inflation on groceries and bare necessities. And, let's not even talk about electricity tariffs. However, some feel the pinch a little less than others, as evident at the Creative Rides classic…

Read more →
05
Jul

Ecuador’s finance minister exits after weeks of fuel price protests

Ecuador's Finance Minister Simon Cueva will exit the Andean country's government amid a cabinet reshuffle following more than two weeks of protests, the Secretary of Public Administration, Ivan Correa said on Monday. Ecuador's finance ministry did not immediately respond to requests for comment. Changes to the government of President Guillermo Lasso will be announced tomorrow, Correa said during an interview with local television outlet Teleamazonas, emphasising Cueva's planned exit. "Without…

Read more →
05
Jul

Govt confirms end of petrol subsidy as prices jump 11%

Government confirmed that it will end a temporary reduction in the fuel levy next month as it announced a 10.6% increase in the gasoline price, pushing it to a new record. The reduction of R1.50 rand in the general fuel levy that applied from April will be trimmed to 75 cents from July 6 and will be withdrawn from August 3, the Department of Mineral Resources and Energy said in an emailed…

Read more →
05
Jul

Maputo brought to standstill after fuel price hike

Bus drivers in Maputo, Mozambique’s capital, stopped operations Monday after the government raised fuel prices to a record, bringing the city to a halt. Operators are demanding the authorities allow them to increase passenger fares, state-owned Jornal de Noticias newspaper reported on its website Monday, citing a driver. Diesel prices rose 11% and gasoline by 4.4% effective July 2. The government sent police units to the main bus terminals around…

Read more →
05
Jul

The Suzuki Swift is well placed to deal with a steep petrol price. But there is a catch

The Suzuki Swift is South Africa's best selling passenger car. It has fuel consumption of 4,9 litres/100km but only has a 37-litre tank. But on a full tank, it still offers a range of 755km. For more stories, go to www.BusinessInsider.co.za. If you bought a Suzuki Swift (South Africa’s bests-selling passenger car) you would soon be paying R989,38 to fill your 37-litre tank in Gauteng from 12AM Wednesday morning. The new…

Read more →
05
Jul

Fuel price hikes

Based on current local and international factors, the fuel prices for July 2022 will be adjusted as follows: Petrol (both 93 ULP and LRP): two hundred and thirty seven cents per litre (237.00 c/l) increase; Petrol (both 95 ULP and LRP): two hundred and fifty seven cents per litre (257.00 c/l) increase; Diesel (0.05% sulphur): two hundred and thirty one cents per litre (231.00 c/l) increase; Diesel (0.005% sulphur):  two…

Read more →
1 13 14 15 16 17 78