Trouble for the rand
The rand and local markets are trading weaker at the start of the new week, weighed by the protracted Iran War and forecasts of higher inflation.
Auto Added by WPeMatico
The rand and local markets are trading weaker at the start of the new week, weighed by the protracted Iran War and forecasts of higher inflation.
South Africans considering stockpiling petrol or diesel at home amid rising fuel prices have been warned to think carefully about the risks involved.
The government pockets over R300 every single time someone fill up their tank at a petrol station.
The department of mineral and petroleum resources has confirmed that petrol will rise by R3.27 a litre this week, while diesel will increase by R6.19/litre, depending on the sulphur grade. The adjustment follows price changes in April, when petrol increased by more than R3/litre and diesel by more than R7/litre. After the May adjustment, inland…
Many filling stations across South Africa have run out of petrol and diesel ahead of the big price increases on 1 April 2026.
There are several apps South African motorists can use to find the best prices on diesel at fuel stations near them or within particular areas.
Based on current CEF data, the price of diesel in South Africa will increase by 47% in April.
Afriforum warns that certain petrol stations across South Africa are already experiencing fuel shortages due to the conflict in the Middle East.
South Africa’s long-squeezed motorists might find fresh relief next month as recent datafrom the Central Energy Fund (CEF) data points to meaningful fuel price cuts in February — a rare bright spot in a world rattled by geopolitical theatrics and jittery oil markets. In an unexpected twist, the rand has staged its strongest run in…
Petrol and diesel prices will be reducing substantially on Wednesday, which is especially great news for South Africans travelling back from holiday destinations from that day.