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Fuel tussle continues as oil battles Rand

Rand strength is keeping rampant international oil prices mostly at bay, but only petrol is currently set for price reductions, with other fuel types poised to increase. That’s the word from the Automobile Association (AA), which was reporting on unaudited mid-month fuel price data released by the Central Energy Fund.

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AA Forecasts Petrol Down, Others Up in June Fuel Move

The Automobile Association (AA) is forecasting that petrol users are set for some month-end relief at the pumps, while other fuel users will pay more when the Department of Mineral Resources and Energy announces adjusted fuel price for June. The AA was commenting on unaudited month-end fuel price data released by the Central Energy Fund.

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Formal decision on e-tolls not yet made

The Automobile Association (AA) says comments by Gauteng MEC for Transport Jacob Mamabolo on e-tolls do not amount to an official announcement on the system, and may not be considered government’s formal position on the matter.

“The system is still in force as it was previously and while we share the MEC’s sentiments that the system should be scrapped, no formal announcement that they have been scrapped has been made,” notes the AA.

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AA Developing New Spare Parts Pricing Guide for Consumers

From 2021 the Automobile Association (AA) will be preparing and releasing an independent spare parts pricing guide for South African consumers. Previously the Association released this guide under the title of the AA-Kinsey Report. Moving forward, a new report will be collated and distributed solely under the banner of the Automobile Association.

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Breakdown of petrol costs in SA 2021

Petrol users across South Africa are paying around R5 a litre more for fuel in May 2021, compared to May 2020. These increases come off the back of significant fuel price increases throughout the first few months of the year, which saw fuel reach record highs in April. Although fuel prices dipped a little in May, the fuel price remains high, affecting all sectors of the economy. Filling a 50-litre tank with petrol in South Africa costs just more than R250 in May 2021 than it did in May 2020.

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ESCAPE THE WINTER BLUES WITH THESE SHO’T LEFT GETAWAYS

What’s the best way to escape the winter blues? It’s heading off for a spontaneous weekend getaway! Nothing beats the feeling of turning your back on the city to explore the roads less travelled and discover South Africa’s hidden gems. And with access to a comprehensive list of AA-approved accommodation, you can rest assured that you’re getting the best value for money during your stay.

Need inspiration? We’ve got you covered.

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