petrol increase

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Business / Economics

December Fuel Prices Set to Rise

The Ministry of Industries, Mines and Energy has confirmed a 21-cent-per-litre increase for petrol and both diesel types starting later this week. In Walvis Bay, petrol will cost N$20.58 per litre, 50ppm diesel N$20.13, and 10ppm diesel N$20.23. Diesel under-recoveries will be absorbed by the National Energy Fund. The Ministry’s Anna Salkeus stressed the importance of balancing cost recovery with consumer protection while ensuring steady fuel supply, wishing residents a safe and prosperous holiday season. 

today1 December, 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