Latest Commentary from the AA
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Based on the mid-month data, the petrol price is heading for a month-end decrease of ten to 15 cents per litre, while the picture for diesel is rosier: an estimated 32 cents per litre decline. Data for illuminating paraffin is also showing a substantial drop of around 27 cents per litre.
By Marius Luyt - AA Public Affairs
Substantial drops in fuel prices are on the cards. This is according to the Automobile Association, which was commenting on the unaudited fuel price data released by the Central Energy Fund on August 15.
Petrol prices could rise by as much as 26 cents per litre at the end of July.
A dealer would have public liability insurance to cover them for any damage that might occur during a test drive. Alternatively the dealer may request a prospective customer to sign an acknowledgment of consent to liability, ie. the customer accepts responsibility should the vehicle be damaged whilst the customer is test driving.
The AA hands over safety kits to bicycle users. In South Africa, many poor or previously disadvantaged people have no option but to use bicycles to commute to and from their place of work.
Further heavy rains and localized flooding expected to persist in places over the north-eastern and eastern parts of South Africa. During the past week, the north-eastern parts of the country have been experiencing heavy rains which led to flooding in many places.
Strong international crude oil prices have overpowered the appreciating Rand, leaving South African consumers facing yet another hefty fuel price increase in March
International petroleum prices have risen and are offsetting a more stable exchange rate, raising the spectre of another substantial fuel price hike at the beginning of March. This is according to the Automobile Association's analysis of mid-month fuel price data supplied by the Central Energy Fund.
A dramatic slump in the Rand / US dollar exchange rate is the chief culprit in the hefty fuel price hikes announced today.
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