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South Africa: Fuel Prices Set To Decrease Next Week

South Africa: Fuel Prices Set To Decrease Next Week

South Africa’s Department of Mineral Resources and Energy says there will be a decrease in prices from Wednesday next week.  

Both grades of petrol will come down by R2.06c a litre.

Diesel will decrease by around R2.68c a litre.  

Illuminating paraffin prices will go down by R1.93c a litre.

The decreases have been fuelled by a stronger Rand-Dollar exchange rate and a steep fall in the price of oil.

The Automobile Association (AA), a non-profit organisation providing services to its members such as roadside assistance, and technical and motor-related legal advice is cited by News24 as saying:

These decreases will not take fuel prices to levels seen in January 2022 but will, nonetheless, go a long way to alleviating the fuel price burden – and its associated impact on other prices – felt by millions of South Africans.

For many travellers who are currently on vacation this is also good news as it will undoubtedly reduce expenses on the return leg of their journeys.

This comes as the Zimbabwe Energy Regulatory Authority (ZERA) raised fuel prices by two cents for petrol and three cents for diesel with effect from the 29th of December 2022.

The average price of gasoline around the world is 1.28 U.S. Dollars per litre while the average price of diesel around the world is 1.32 U.S. Dollars per litre. 

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Maparamuro 3 weeks ago

Zim fuel price is determined by a complicated algorithm that even the minister of finance does not understand 🤣😅😂🤣😅😂😂😅🤣😅🤣😂

3 weeks ago

I quote; Chiwenga 2022 "as much as saudi arabia controls oil, Zimbabwe controls its lithium" this case Tagwirei and Sakunda co. control petrol and diesel as its own.

g 3 weeks ago

isu tichikwidza mitengo yemafuta in usd terms......

Fred 3 weeks ago

Zim price are just like a pyramid scheme. Mthulimid scheme

Black Jack 3 weeks ago

In Zim its a fund raising and looting scheme

Machiavelli 3 weeks ago

This shows that Zimbabwe is a powerhouse in the region we are no longer using paraffin (kerosene).

Machiavelli 3 weeks ago

we don't use paraffin because we are so backward we use wood fuel

Forex Broker 3 weeks ago

kana pane ane maInterests mune zve Forex trading and account management DM me @07886900436


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