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Mixed picture as fuel set to rise

Dec 7, 2020 | Press releases

Across-the-board losses from the exchange rate are set to hit fuel consumers at the end of October

The landed price of petrol actually dropped by around 18 cents a litre in October, while the landed price of diesel showed a slight increase of five cents. But, the Rand slipped around 22 cents to the US dollar, meaning all grades of fuel will be more expensive in November.

Petrol will rise a modest four cents a litre, but diesel users will pay up to 26 cents more, with illuminating paraffin set to rise by 18 cents.

We expect that impact to immediately start feeding into the next month’s fuel price calculations, meaning South Africans should prepare for further fuel price hikes before Christmas.

Fuel prices have not yet felt the full effect of the Rand’s weakening in the wake of Finance Minister Malusi Gigaba’s Medium Term Budget Policy Statement

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The Automobile Association of South Africa

For over 90 years, we’ve provided you with roadside rescue and security, so you know you can rely on the Automobile Association day and night.

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Media

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Joint project to roll-out countrywide in coming years The Automobile Association (AA) and ChildSafe South Africa, supported by international road safety charity the FIA Foundation and its Child Health Initiative (CHI), today take a significant step towards improving road safety in Mamelodi, Tshwane through the launch of the Walking Safely to School (WATCH) project. The project is further being supported and endorsed by the City of Tshwane, Gauteng Department of Education, and the Gauteng...
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Minor relief, if any, expected for fuel prices in August

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New Ministers must step up government’s service to citizens

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