Press Releases

Slight decreases in the fuel price are being predicted on mixed news from the currency markets and international oil trade. This is according to the Automobile Association (AA), commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF). The Rand gained ground against the US dollar since the beginning of December, notwithstanding political turbulence in the...

As the year winds down, many thousands of parents or guardians are considering a new or used car for their children who will either be studying at tertiary institutions, or starting to work. Some people are also considering a new vehicle for themselves, and preparing documentation to register the vehicle in the new year. Before any decision on a new or used vehicle is made, buyers must do...

International oil prices have retreated in virtual lockstep with a strengthening Rand, complicating attempts to forecast a month-end fuel price After a sharp rise from the end of March, international petroleum prices have given up almost all their gains in the past two weeks. Over the same period, the Rand has unexpectedly firmed to near its pre-cabinet reshuffle levels. As matters currently...

Regulation 250 comes into effect on Thursday, 11 May On Thursday (11 May), a major regulation governing the transportation of school children comes into force in South Africa. In terms of Regulation 250 of the National Road Traffic Act (NRTA), from Thursday no person will be allowed to transport children in the goods compartment of a vehicle for reward. According to the Automobile Association...

Plans to declare traffic law enforcement an essential service, and thereby enable a 24-hour working schedule for traffic law enforcers, is a positive development to be welcomed by all motorists in South Africa. This is the view of the Automobile Association (AA) which was commenting on the Department of Transport’s budget vote delivered in Parliament yesterday by Minister Joe Maswanganyi....

Ongoing volatility in international oil prices has been matched by swings in the Rand / US dollar exchange rate, making fuel price predictions as tricky as ever. This is according to the Automobile Association (AA) which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF). "The Rand started the month relatively strong against the dollar, but has...

Regulation 250 comes into effect on Thursday, 11 May This week South Africa will become part of the first FIA/JCDecaux worldwide outdoor communication campaign dedicated to road safety. Billboards displaying various messages will be activated at different points throughout the country. The campaign was launched in Paris on 10 March by the President of the Fédération Internationale de...

Yet another substantial fuel price rise is on the horizon. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data issued by the Central Energy Fund (CEF). For the first time in a while, the Rand has shown reasonable strength against the US dollar during one of our reporting periods. However, this is not enough to counter rampant...

Buying a new or used vehicle, either for yourself or someone else such as a spouse or child, can be a daunting task. And, the decision is often made more difficult because of the many options available. It is important to plan before buying a vehicle, and to do your homework before committing to anything. “Just because you like the colour of a vehicle, or because it has sleek lines and fancy...

Stronger international oil prices, and a weakening Rand, will combine to drive fuel prices higher at the end of September. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund (CEF). The first half of September saw the Rand appreciate against the US dollar, but this trend has been reversed since...

Although flash floods are rare, when they occur, they can wreak havoc. Yesterday’s floods again show how quickly a torrent can occur, and the extreme dangers it holds. We urge all motorists caught up in floods to follow some basic rules to negotiate the safest route out of these situations. The most important factor in dealing with floods is trying to avoid them in the first place. The South...