Got an arm and a leg left? You may have to spend it on petrol in October

(Click here to see how the oil price - in rand – has gone up and down over the past 20 years.)

The price of petrol will rise by between 25 and 29 cents a litre at 12:00am on Wednesday (4 October).

Diesel will cost 42 cents per litre more while the illuminating paraffin price will go up by 39 cents a litre.

The cost of LP gas will rise by 39 cents per kilogram.

The department says the average international product prices of petrol, diesel and illuminating paraffin increased during the period under review.

The rand appreciated against the US dollar during the period under review, on average, when compared to the previous period.

The average rand/US dollar exchange rate for the period 1 September 2017 to 28 September 2017 was 13.1317 compared to 13.2152 during the previous period.

This led to a lower contribution to the basic fuels price on petrol, diesel and illuminating paraffin by 3.86c/l, 3.78c/l and 3.76c/l respectively.


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
BOS Brands/Rhodes Food Group partnership to feed a market going bos for ice tea

BOS Brands/Rhodes Food Group partnership to feed a market going bos for ice tea

The Money Show’s Bruce Whitfield interviews BOS Brands CEO Dave Evans.

No land, or farming skills? Got R8000? Here’s how to own cattle…

No land, or farming skills? Got R8000? Here’s how to own cattle…

The Money Show’s Bruce Whitfield interviews Ntuthuko Shezi, founder of a company that raises cattle on small investors' behalf.

Blitzboks will shake this off quicker than you can say ‘fraud’ - Bruce Whitfield

Blitzboks will shake this off quicker than you can say ‘fraud’ - Bruce Whitfield

The Money Show’s Bruce Whitfield asks ad expert Andy Rice to share with him the week’s advertising “heroes” and “zeroes”.

South Africa gets a new bank – Bank Zero

South Africa gets a new bank – Bank Zero

The Money Show’s Bruce Whitfield interviews Michael Jordaan, cofounder of the app-driven, 45% black-owned Bank Zero.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

How the oil price - in rand – has gone up and down over the past 20 years

How the oil price - in rand – has gone up and down over the past 20 years

Fuel prices in South Africa are mainly a factor of the international price of oil and the rand/dollar exchange rate.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

Trump confirms his first visit to Africa

Trump confirms his first visit to Africa

United States President Donald Trump has disclosed his first stop on an African visit.

Art deco buildings make Springs an architectural tourism destination

Art deco buildings make Springs an architectural tourism destination

The style of visual arts architecture has become part of a few impromptu tours by Jeffrey Cole in the underrated East Rand.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.

How much should you be paying your domestic worker?

How much should you be paying your domestic worker?

A new online tool has been developed to put what you pay your domestic worker into perspective.