Petrol price to rise by 5 cents

JOHANNESBURG - The Energy Department has announced that the price of all grades of petrol will go up by 5 cents a litre on Wednesday.

There is no price increase for diesel or illuminating paraffin. The retail price of LPG will also remain unchanged.

The department says this is despite the average international prices of petrol, diesel and illuminating paraffin increasing during the period under review.

It says the minister approved the urgent temporary fuel price intervention measure.

Petrol prices have reached an all-time high for the country and there are concerns about inflation.

The department's Robert Maake says: “This is a once-off intervention by the minister of energy to make sure that we provide some relief to motorists as you’ve seen the crude oil price and the rand/dollar exchange rate ... So, the minister has intervened and said the fuel price should not be changed this month so that we can provide some relief to consumers and motorists.”


This article first appeared on EWN : Petrol price to rise by 5 cents


Recommended

by NEWSROOM AI
Read More
Momentum buckles under pressure, to pay out R2.4m to Denise Ganas

Momentum buckles under pressure, to pay out R2.4m to Denise Ganas

The company had come under fire for refusing to pay the sum to Denise Ganas, whose husband was killed last year in their Chatsworth driveway.

SA withdraws Israel ambassador after Gaza deadly attack

SA withdraws Israel ambassador after Gaza deadly attack

In a statement, the SA government says it condemns in the strongest terms possible the latest act of violent aggression carried out by Israeli armed forces.

Jacques Pauw: Hawks found nothing significant in raid

Jacques Pauw: Hawks found nothing significant in raid

The author of 'The President's Keepers' says officials were apparently looking for secret documents relating to his book.

Jacques Pauw confirms Hawks raiding his home

Jacques Pauw confirms Hawks raiding his home

The author of 'The President's Keepers' has confirmed to EWN that the Hawks are at his home in Riebeek-Kasteel.

Almost 1,000 miners trapped underground at FS mine

Almost 1,000 miners trapped underground at FS mine

Sibanye Gold says this follows a severe storm which damaged power cables that supply electricity to the mine.

Muso Tom Misch set to showcase new work at sold-out JHB show

Muso Tom Misch set to showcase new work at sold-out JHB show

The 21-year-old's music, which is a combination of hip-hop, soul, house and folk guitar, has taken the world by storm.

Popular articles
I think Zuma has an exaggerated sense of self-importance - Dr Mufamadi

I think Zuma has an exaggerated sense of self-importance - Dr Mufamadi

ANC stalwart Dr Sydney Mufamadi questions why Zuma is bringing up the names of the alleged spies only now.

'Batchelor was once close to Mikey Schultz and self-confessed Kebble killers'

'Batchelor was once close to Mikey Schultz and self-confessed Kebble killers'

Journalist and author Mandy Wiener describes former footballer Marc Batchelor's links to alleged underworld figures.

'Calculated move by media to undermine Public Protector, I don't accept apology'

'Calculated move by media to undermine Public Protector, I don't accept apology'

Former Sars employee Bizoski Manyike responds to the Sunday Times article that called him a 'dope-smoking Rastafarian'.

Capitec Bank has the strongest brand of any company in South Africa

Capitec Bank has the strongest brand of any company in South Africa

Castle Lager came in second, followed by FNB, Black Label, Discovery and Vodacom, according to the 2019 Brand Finance report.

I haven’t saved. I intend to work well into my 100s - Leon Louw (FMF)

I haven’t saved. I intend to work well into my 100s - Leon Louw (FMF)

Bruce Whitfield talks to Leon Louw (Free Market Foundation) about his attitude toward money (hopes, fears, successes, failures...)

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

The Money Show’s Bruce Whitfield asks Henry Biddlecombe (an analyst at Anchor Capital) for his stock picks of the week.

Advisor scams pensioners out of R100 million with promises of 14% returns

Advisor scams pensioners out of R100 million with promises of 14% returns

Bruce Whitfield interviews Phillip de Wet (Business Insider), Robert Walton (Boutique Collective Investments) and Brandon Topham.

'I should have told the Sunday Times the pot smoking was irrelevant'

'I should have told the Sunday Times the pot smoking was irrelevant'

Investigative journalist Jacques Pauw says he's sorry for any harm caused in his article on Mkhwebane and her principal witness.