Motorists will usher in the New Year with more a little more in their pockets with the petrol price set to come down in January. The Department of Energy on Friday announced that both grades of petrol 93 (ULP and LRP) and 95 (ULP and LRP) will decrease by R1.22 and R1.23 respectively. The price of Diesel 0.05% sulphur will come down by R1.53 a litre while that of Diesel 0.005% sulphur is scheduled to come down by R1.55 a litre. As of next Wednesday, a litre of 95 ULP will cost R14.01 a … [Read more...] about Contrary to what I predicted
petrol
16 Tips to Save Fuel
Rushing to fill your tank ahead of the midnight fuel price increase? The National Association of Automobile Manufacturers of South Africa (NAAMSA) has some sage advice for you. The association on Tuesday said as demand for energy rises, its cost as a precious resource also rises. “This is exactly what motorists have experienced in South Africa as a result of the rising price of crude oil, compounded by exchange rate depreciation resulting in record prices of fuel at the pump,” it … [Read more...] about 16 Tips to Save Fuel
Consumers in for a shock at petrol pumps
Consumers are in for a shock at the pumps - as the petrol price is set to rise by between 99 cents and a Rand as of Wednesday. The Department of Energy (DoE) on Monday announced that a litre of petrol 93 (ULP and LRP) will rise by 99 cents while that of 95 (ULP and LRP) will increase by R1. This means that as of Wednesday a litre of 95 will cost motorists R17.08 from R16.08, in Gauteng. Both grades of diesel namely Diesel 0.05% and 0.005% Sulphur will increase by a whopping R1.24 a … [Read more...] about Consumers in for a shock at petrol pumps
Fuel prices to remain unchanged in September
Fuel prices will remain unchanged for this month except for a 4.9 cents a litre increase in the retail margin of petrol, Energy Minister Jeff Radebe said. “The Minister of Energy Jeff Radebe, announces that the fuel prices will remain unchanged for this month except the 4.9c/l increase in the retail margin of petrol to cater for the annual salary increase for forecourt attendants, cashiers and other administration staff,” said the Department of Energy on Monday. The annual increase is … [Read more...] about Fuel prices to remain unchanged in September
PE in the news: Uber hikes its fares as petrol price rises
Uber hikes its fares as petrol price rises: “The minimum fare for your UberX rides throughout South Africa will be increased from R20 to R25. The Port Elizabeth uberGO minimum fare has also changed from R17 to R20‚” the company said. The compan... Source: "Port Elizabeth" - BingNews. Uber hikes prices in South Africa: The change came into effect from 31 July. However, it noted that the previous minimum fare of R20 will still apply to all trips starting in Soweto, while the Port Elizabeth … [Read more...] about PE in the news: Uber hikes its fares as petrol price rises
Uitenhage in the news: Robbers bomb safe at Uitenhage petrol station
Robbers bomb safe at Uitenhage petrol station: Uitenhage police are hunting for three men who used explosives to open a drop-safe at Cuyler Street petrol station. Police spokesperson, Sergeant Majola Nkohli, said that the incident took place on Sa... Source: "Uitenhage" - BingNews. Suspects bomb safe during hit at Uitenhage fuel station: Police are investigating a case of business robbery after explosives were used to open a safe during a hit at a fuel station in Uitenhage shortly before … [Read more...] about Uitenhage in the news: Robbers bomb safe at Uitenhage petrol station
PE in the news: Robbery suspects caught after stopping to fill up with petrol
Robbery suspects caught after stopping to fill up with petrol: A Port Elizabeth man and woman were arrested only 20 minutes after they allegedly robbed a man in his Francis Evatt Park home when they stopped to fill the stolen car with petrol during their escape. ... Source: "Port Elizabeth" - BingNews. Diversification of South Africa’s energy supply continues: EDF Renewables, with offices in Cape Town and Port Elizabeth and supported by its French parent company, EDF, represents the growth … [Read more...] about PE in the news: Robbery suspects caught after stopping to fill up with petrol
Latest on fuel price hike interventions
Due to concerns about the recent fuel price hike, President Cyril Ramaphosa has convened a meeting of the Ministers in the Economic Cluster to discuss the current fuel prices and deliberate on interventions government can make. The meeting, which was held on Thursday, resolved that the VAT commission could be expanded to include the fuel price. The recent fuel increase saw the fuel price rocket to R16.02 a litre of 95 ULP inland. The July increase follows from another price increase in the … [Read more...] about Latest on fuel price hike interventions
VAT panel will not review fuel price hikes
National Treasury has clarified that the mandate of the Independent Panel of Experts appointed to review the current list of zero-rated items has not been expanded to look at the impact of fuel hikes. “National Treasury has noted media reports that Cabinet has expanded the mandate of the Independent Panel of Experts appointed to review the current list of zero-rated items to include the impact of fuel hikes. This is not true,” said Treasury on Thursday. Treasury said the statement on the … [Read more...] about VAT panel will not review fuel price hikes
Fuel price going up
The fuel price is going up with effect from Wednesday 04 July, the Department of Energy has announced. “The Minister of Energy, Mr. Jeff Radebe, announces the adjustment of fuel prices for July 2018 based on current local and international factors with effect from 04 July 2018,” said the Energy department in a statement. The department attributed the increase to the Rand/US Dollar exchange rate, decrease in the prices of crude oil and the import prices of petroleum products. South … [Read more...] about Fuel price going up
PE Business in the news: Move to get petrol station to comply with legislation
Promote your business on BuyPE and MyPR. Move to get petrol station to comply with legislation: Shell South Africa has embarked on the process of applying for environmental authorisation for one of its Port Elizabeth service stations, after it learned the station had been storing fuel unlawfully. Source: "Port Elizabeth" business - BingNews. KPMG expects 400 people to leave as auditor reshapes business: The business will continue to operate out of Johannesburg, Cape Town, Durban and Port … [Read more...] about PE Business in the news: Move to get petrol station to comply with legislation
Massive Petrol Price Increase
Consumers will have to brace themselves for a massive fuel price increase at the petrol pumps, which come into effect next week. The Department of Energy announced a 72 cents a litre increase in the price of 95 ULP and 69 cents a litre in the price of 93 ULP. This will see a litre of petrol in Gauteng rise from R13.76 to R14.48 cents a litre. Meanwhile, both grades of Diesel 0.05% and 0.005% Sulphur will increase by 65.2 cents, while the wholesale price of Illuminating Paraffin (Wholesale) … [Read more...] about Massive Petrol Price Increase
Fuel price to drop
Motorists will get some reprieve at the fuel pumps from Wednesday following an announcement by the Department of Energy of the drop in fuel prices. As of 7 March, the petrol price will drop by 36 cents a litre and between 44 and 47 cents less for a litre of diesel. According to the Energy Department, the drop in the fuel price is a result of the strengthening of the Rand against the US Dollar and a decrease in the prices of crude oil. “The Rand appreciated, on average, against the US … [Read more...] about Fuel price to drop
Petrol Price to Drop
Motorists can expect to pay 30 cents less for petrol, while diesel will be 17 cents cheaper per litre, at the pumps from Wednesday. Illuminating paraffin is also down by 19 cents, while LP gas will trade at 23 cents less per kilogram, Department of Energy announced on Sunday. The latest announcement will come as a relief for motorists following numerous petrol price hikes in the past few months. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and … [Read more...] about Petrol Price to Drop
DON’T Fill up Today
Motorists can expect some relief at the pumps as the Energy Department has announced that all grades of petrol will drop from Wednesday. Petrol (95 Octane, ULP and LRP) will decrease by 34 cents and 93 Octane by 29 cents. Diesel will decrease by 22 cents and 26 cents respectively, while illuminating paraffin will decrease by 29 cents. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors. International factors include the fact that South … [Read more...] about DON’T Fill up Today
