It's been hard. They have a lot less customers due to the already high taxi fares and things are going to get even hairier after the last petrol price increase. Taxis have already started talking about price increases, which will hit consumers hard. But they have no choice, Eastern Cape taxi driver Mbulelo Mthembu tells Drum. He tries to contextualise the increase. SOURCE: https://www.news24.com/drum/news/local/we-are-all-battling-to-feed-our-families-taxi-driver-on-fuel-price-hike-20210413

The National Union of Metalworkers of SA (NUMSA) said on Wednesday it welcomes the finding by the Essential Services Committee (ESC) of the CCMA that the production, transportation and distribution of fuel should not be designated an essential service. The finding was made after the ESC initiated an investigation into the issue. If the committee had declared this sector an essential service, it would mean that workers would not be…

Financially burdened South African consumers might get a fuel price breather in May, the Automobile Association said on Thursday. This is due to stability on international petroleum markets and a stronger exchange rate, the association said in a statement, commenting on unaudited mid-month fuel price data released by the Central Energy Fund. The current data shows the prospect of a 32 cents-a-litre drop in the price of diesel, and 27…

The Automobile Association (AA) expects a further hefty hike in fuel prices in April. It expects the fuel price for April could be in the region of R17.32 per litre for ULP 95 inland. The previous high was R17.08 set in late 2018. Commenting on Tuesday on unaudited month-end fuel price data released by the Central Energy Fund, the AA said petrol is set for a massive increase of 73…

Oil markets and the world economy are recovering from the massive collapse in demand caused by the coronavirus pandemic. Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the International Energy Agency has said. More governments are focusing on a potential "sustainable recovery" to move quickly towards a low-carbon future. Global oil demand will…

Petrol looks set for a hike of almost R1.20 in the first week of April. The price of Gauteng 95 unleaded petrol looks set to reach R17.48 - 25% more than a year ago. Some 35% of the fuel price will go towards tax. For more articles, go to www.BusinessInsider.co.za. South African fuel prices look set for a monster hike in the first week of April, which could mean that the…

Illicit fuel trading is putting them out of business, legal retailers say, and they want action. A new team of police officers and tax agents has been established to inspect petrol stations and depots. This coincides with amendments to the Petroleum Products Act, which focuses extensively on diesel. The retail price of diesel is not regulated but “skimming” and diluting – which result in discounted retail rates – have become…

As the clean up operation occurs at the site of Wednesday's earlier truck crash and fire on Van Reenen’s Pass. Traffic is being accommodated contraflow on the southbound section of the N3 Toll Route, while the northbound lanes on the Pass remain closed, reports the N3 Toll Concession. The highway was closed in both directions earlier. However, two northbound lanes at Tugela Plaza and the Tugela East Ramp Plaza will…

Fuel prices will see another increase in April 2021. • A litre of petrol could cost R17.48, inland. • The price of petrol will increase by around R1.16/litre. • For more motoring stories, go to www.Wheels24.co.za   Follow @Wheels24 Fuel levy increases at a difficult time in the country's economy will contribute to what are expected to be extremely high fuel price increases at the end of March going into April. According to the…

The AA warns that petrol is set for to increase by approximately 90 cents a litre, diesel by some 66 cents, and illuminating paraffin by around 62 cents - even before increases to levies are taken into account. The association was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. Either the rand or international oil prices would require a sharp reversal if the picture is…