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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

petrol prices

6 Results / Page 1 of 1

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Business / Economics

Regional Price Differences Revealed in October Inflation Report

The October 2024 NSA inflation report shows regional disparities in prices across the country. Khomas recorded the highest inflation rate at 4.2%, while regions like Kavango and Otjozondjupa saw lower rates of 2.3%. Petrol prices also varied slightly, with Khomas residents paying the highest at N$20.93 per litre. The report underscores that core inflation, excluding volatile items, stood at 4.0%, providing a more stable view of economic conditions.

todayNovember 8, 2024 10

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Business / Economics

Egypt raises fuel prices as part of IMF-backed reforms

      Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the International Monetary Fund to proceed with a $5 billion loan to the cash-strapped government. The Egyptian petroleum ministry said the price hike would come into effect on Friday. The announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after […]

todayJuly 25, 2024 10

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Business / Economics

Relief for motorists as the Ministry of Mines and Energy announces fuel reduction

The Ministry of Mines and Energy has announced that petrol prices will decrease by 80 cents per litre,  diesel with 50ppm will decrease by 60 cents per litre and diesel 10ppm will decrease by 70 cents per litre. The changes come into effect on Wednesday 3 July 2024. Cirrus Capital economist Robert McGregor says despite the decreases we face for July, the fuel prices for both diesel and petrol are […]

todayJuly 1, 2024 46

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South Africa

South Africa’s Automobile Association forecasts notable reductions in fuel prices come June

South Africa's Automobile Association forecasts notable reductions in fuel prices come June. According to preliminary data from the country's Central Energy Fund, it's anticipated that 95-octane petrol will decrease by approximately 61 cents per liter, while 93-octane petrol will see a drop of around 63 cents. Diesel prices are expected to dip by about 74 cents per liter. The association attributes these potential decreases primarily to a stronger rand and […]

todayMay 16, 2024 10

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Business / Economics

S.A’s Central Energy Fund’s mid-month data predicts petrol prices to increase for the fourth consecutive month in May

S.A's Central Energy Fund's mid-month data predicts petrol prices to increase for the fourth consecutive month in May, with an anticipated under-recovery of around 30-cents-per-litre. However, diesel prices are expected to decrease, with an over-recovery of approximately 28-cents-per-litre. The anticipated increase sees 93 octane petrol rising by 30-cents-per-litre and 95 octane by 31-cents-per-litre. Meanwhile, diesel wholesale is expected to have a decrease of 26 to 31-cents-per-litre

todayApril 16, 2024 20

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