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10
Nov

SEE | 12 crucial driving tips that could combat the ever-increasing fuel prices in SA

Fuel prices have increased again in South Africa. • Following the latest hikes, the cost of both diesel and petrol verges on R20/litre. • We list several tips that can stretch the mileage on a full tank of fuel. • For more motoring stories, visit Wheels24 South Africans have been hit with another price hike on fuel prices. Diesel and petrol increased by R1.48 and R1.21 per litre, respectively, bringing the cost per litre…

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10
Nov

We compared SA’s fuel reward programmes, and there’s a clear winner – but it’s not simple

South Africa's fuel price has never been higher. If you're going to be paying more at the pump, you may as well sign up for a fuel reward programme. But how much value each delivers depends on several factors, including membership fees, cash back, and number of filling stations. When it comes to banking partner, there's still one clear winner who offers more than R7 cash back - but you'll…

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10
Nov

UPDATE | At least 99 killed in Sierra Leone fuel tanker blast, govt says

At least 99 people were killed in Sierra Leone's capital when a fuel tanker exploded following a collision late on Friday, deputy health minister Amara Jambai told Reuters. The government has not yet confirmed the death toll, but the manager of the central state morgue in Freetown earlier said it had received 91 bodies following the explosion. Victims included people who had flocked to collect fuel leaking from the ruptured…

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08
Nov

OPINION | The problem with SA’s fuel price hikes: Levies and a weak economic policy

On 3 November, South African fuel prices were hiked once again, causing motorists to pay very close to R20 a litre of fuel throughout the country. Outa's Wayne Duvenage takes a look at what the reasons are behind the fuel price increases over the past decade. Two local factors contributing to our current high fuel prices are the weak value of the rand – which we put down mainly to…

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08
Nov

With petrol at almost R20 a litre, food prices ahead of Christmas will shoot up

Last week's steep petrol hike will likely affect food prices just before the critical Christmas shopping season. Distribution and transportation costs will put more pressure on farmers who have already had to contend with high input costs and the global shipping crisis putting strain on supply chains. On Wednesday, the petrol price increased by R1.21 to a record R19.54/litre. For more stories, go to www.BusinessInsider.co.za. South African consumers will have to…

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08
Nov

We compared SA’s fuel reward programmes, and there’s a clear winner – but it’s not simple

South Africa's fuel price has never been higher. If you're going to be paying more at the pump, you may as well sign up for a fuel reward programme. But how much value each delivers depends on several factors, including membership fees, cash back, and number of filling stations. When it comes to banking partner, there's still one clear winner who offers more than R7 cash back - but you'll…

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05
Nov

Fuel price shocker delayed till after election to protect the ANC, AA claims

In an unusual move, the Department of Mineral Resources and Energy announced shock fuel price hikes late at night on Monday.  The Automobile Association (AA) is accusing the DMRE of delaying the announcement until after the municipal election, "to protect the incumbent government".  It also demands a review of fuel levies, after a new hike in the so-called slate levy. The Automobile Association (AA) is accusing the Department of Mineral…

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05
Nov

R20 for a litre for fuel? These cars could combat rising fuel prices in SA

The price of fuel is set for another increase at the start of November 2021. • The latest hike will see one litre of petrol costing almost R20. • We list several cars that could combat rising fuel prices. South African motorists are in for a nasty surprise this coming Wednesday (3 November) when fuel prices are set for another increase. According to the Automobile Association, diesel will be up by R1.48/litre,…

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02
Nov

Petrol is going up to R19.54 per litre – and 32% of that goes to taxes

The price of petrol – for 95-octane in Gauteng – is increasing by R1.21 per litre to R19.54 for November  32% of that goes to various taxes, mostly the general fuel levy and funding for the Road Accident Fund. The actual basic fuel price, without those taxes, the cost of distribution, and margins for retailers and wholesalers, is R9.37. Here is what goes into the fuel price for November 2021.…

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02
Nov

Petrol to hit new record this week, fuelling inflation

South Africa’s fuel prices are set to rise to a record on Wednesday, adding to inflationary pressures in an economy that imports almost all of its fuel. The retail cost of 95-octane petrol will climb by almost 7% to a R19.54 a litre, the Central Energy Fund said in a statement on its website. Coastal petrol prices will rise to R18.82 a litre. A year ago, petrol was almost R5 a litre…

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