fuel price hike

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Business / Economics

Fuel Prices Set to Rise This Month

  The Energy Ministry has revealed a fuel price hike for February 2025, citing under-recoveries in fuel pricing. The ministry's Anna Salkeus announced that petrol will increase by 42 cents per litre, while both 50ppm and 10ppm diesel will see a rise of 120 cents per litre.  

today3 February, 2025

Business / Economics

FNB South Africa warns that today’s fuel price hike is a blow to holidaymakers

  FNB South Africa warns that today’s fuel price hike, with 95-octane and 93-octane petrol increasing by 17-cents per litre and diesel by over 50-cents, is a blow to holidaymakers. The bank attributes the rise to a weaker rand, driven by global factors like the United States elections and higher international diesel prices. FNB senior economist Koketso Mano advises citizens to revise their fuel budgets:  

today4 December, 2024