by Automobile Association of South Africa | Dec 7, 2020 | Press releases
South Africans have been thrown a lifeline by declining oil prices in June, according to the unaudited month-end fuel price data released by the Central Energy Fund (CEF). Without oil’s decline, the fuel price hike for July would have been far higher. The...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Fuel prices are likely to rise again at the end of July going into August, based on the unaudited mid-month fuel price data released by the Central Energy Fund. International oil prices see-sawed during the first half of July, but remained within a fairly narrow band...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
The increase to fuel prices in July marked the fourth straight month in 2018 that these prices increased. These came off the back of three decreases in January, February and March. And while the outlook looks positive for a small decrease in August, the fuel price...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Better exchange rate performance and retreats in international oil prices will mean virtually unchanged fuel prices in August. According to unaudited month-end fuel price data. During July, the recent weakening trend of the Rand against the US dollar slowed, as our...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Substantial Rand weakness could undo the recent fuel price stability based on the unaudited mid-month fuel price data released by the Central Energy Fund (CEF). Almost two months of modestly improving Rand strength ended in a dramatic reversal as the local currency...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Do you know how much it costs to keep your car on the road every day? Or, more precisely, do you know how much your car costs you daily, even when it is parked in the garage over weekends? It is important for all vehicle owners to understand that the cost of owning a...
