South African general fuel levy
The South African general fuel levy is eating into motorists' pockets. Image Credits: Pixabay

Home » Petrol Price to Decrease in South Africa on Wednesday

Petrol Price to Decrease in South Africa on Wednesday

PRETORIA – Motorists in South Africa are getting an early Christmas present in the form of a petrol price decrease, set to be introduced on Wednesday. Petrol price will drop by 20 cents, diesel by 32 cents while paraffin will decrease by 28 cents. According to the Department of Energy, the main reasons for the […]

By SAPeople
04-12-16 13:11
in Fab South African Stuff
South African general fuel levy
The South African general fuel levy is eating into motorists' pockets. Image Credits: Pixabay

PRETORIA – Motorists in South Africa are getting an early Christmas present in the form of a petrol price decrease, set to be introduced on Wednesday.

oudtshoorn-petrol-station-31
A petrol station in Oudtshoorn. Photo by Tammy Lieberman Photography

Petrol price will drop by 20 cents, diesel by 32 cents while paraffin will decrease by 28 cents.

According to the Department of Energy, the main reasons for the fuel price adjustments are due to the contribution of the Rand/US Dollar exchange rate.

The Rand appreciated slightly against the US Dollar from R13.96 to R13.91 during the period under review when compared to the previous one.

There was also a decrease in the prices of crude oil during the period under review. – SAnews.gov.za