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 currency lost some ground, but only marginally. Over the same period, international oil prices showed a slight average decrease...

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 was caught up in the emerging market chaos triggered by Turkey's economic difficulties. Until the crisis hit, the fuel price picture...

Finding yourself at the centre of a civil unrest situation in your car is not something many people think of. However, recent events in some parts of South Africa mean it is wise to be prepared if this does happen to you. The first, and most important action, is to avoid these areas as far as possible. If you are aware of unrest near to you, monitor media and social media, listen to radio...

Toll fees across South Africa have risen by between six and seven percent, signalling yet another financial blow to already cash-strapped South Africans. And, the increases come at a time when fuel is touching on record high levels, in part because of the hefty increases to indirect taxes added to fuel prices at the beginning of the month. The announcement was made by the South African National...

Fuel prices in May will increase by around 49 cents a litre as of 2 May, and not 92 cents as earlier predicted by the Automobile Association (AA). The error occurred due to an earlier closing off of the reporting period for fuel increases by the Department of Energy. The Automobile Association (AA) commented earlier on unaudited month-end fuel price data released by the Central Energy Fund...

Following the announcement of the Safer Choice India Award at the Delhi motor show, Global NCAP is now launching the ‘Safer Choice Africa’ Award to encourage automakers to achieve the highest levels of safety performance. In November 2017 the first ever independent crash test results for cars sold in Africa were released by Global NCAP at a conference in Cape Town, hosted together with the...

There are just over 11 million registered vehicles in South Africa (excluding caravans and trailers). According to statistics, the majority of these vehicles – around 60-70% are uninsured. This means that to keep you on the road, insurance is not a luxury, but a necessity. Statistics from the Road Traffic Management Corporation (RTMC) indicate there are more than 800 000 crashes in South Africa...

Trends are showing that another massive fuel price hike is likely at the end of May, according to the unaudited mid-month fuel price data released by the Central Energy Fund. Last month's fuel price account was closed earlier by the Department of Energy, resulting in the postponement of a substantial 50 cent-per-litre increase brought on by a weakening Rand and rising international oil prices at...

In adverse weather conditions, such as those currently being experienced in many parts of the country, employers have a responsibility to ensure the safety of their employees. And, understanding this obligation before bad weather occurs is vital. Too often we hear stories of employees who go to great lengths, sometimes risking their own and other road users’ safety, to get to work exactly on...

The fuel price is set for a steep hike as higher fuel levies kick in, and an increase in international fuel prices makes its presence felt. This is according to the unaudited month-end fuel price data released by the Central Energy Fund. International petroleum product prices, which have remained stable since mid-February, have climbed sharply since 12 March. We're anticipating an increase of...

To understand how the fuel price is comprised, we are publishing a fuel price breakdown for the third year. This breakdown gives a snapshot of how the cost of every litre of petrol inland, and at the coast, is determined. These figures are based on 93 unleaded octane fuel (inland) and 95 octane fuel (coastal). The purpose of the breakdown, and accompanying infographics, is aimed at educating the...

Sharp increases in the landed prices of fuels are set to hit motorists hard at the end of April. This is according to the unaudited mid-month data released by the Central Energy Fund. Petroleum prices were largely flat in the first week of April, but spiked sharply as tensions escalated in Syria. The Middle East lies near many of the world's key oil producers, and petroleum prices have...