Kewtown Flats
You are Here: News -> Petrol price drops by a whopping R1.61

Petrol price drops by a whopping R1.61

Return to previous page.

Petrol price drops by a whopping R1.61

by Edwin Tshivhidzo
01 Dec 2008
BuaNews Online
BuaNews Online

Motorists will be paying a whopping R1.61 less for a litre of petrol from Wednesday next week.


Motorists will welcome the relief especially as the cut comes ahead of the expensive festive season.

The Department of Minerals and Energy announced this week that all grades of petrol will decrease by R1,61 cents a litre.

Diesel will decrease by 81 cents and Illuminating Paraffin by 75 cents,

The decrease would be the fourth since August when petrol prices were at an all-time high of over R10 per litre. In August, petrol price went down by 27 cents, in September by 55 cents and in October by 47 cents.

Therefore motorists will soon be paying R2.90 less than they were for a litre of petrol five months ago.

The economic factors affecting the over/under recoveries for the period between 31 October and 27 November include the weakened average Rand/US Dollar exchange rate weakened when compared to the previous period and the average international product prices of petrol, diesel and illuminating paraffin decreased.

The average Rand/US Dollar exchange rate for the period 31 October 2008 to 27 November 2008 was 10.1823 compared to 9.5901 during the previous period.

Meanwhile consumers have been warned to put their December bonuses into savings and not spend them over the festive season as the global economic crisis is expected to deepen. - BuaNews

Return to previous page.

From our Directory

Hannahs Copy Solutions in Surrey Estate offers a wide range of copying and related services including: Faxing, business cards, flyers, scanning, binding and others. Give them a call now on 0218018413.


AKA Charters offer transport services for a wide range of users. Call them now on 0216334623 for information on buses, coaches, motor cars and help with your transport requirements.


Coastal Corporate Registrations in Marrakech Village in Vangate City can help your business get registered. They can assist with company name reservations, company registrations and other business secretarial services. Give them a call now on 0216337711.



Contact Us | About athlone.co.za | Copyright | Advertising | Disclaimer

Website Design by BMSC-Online
XHTML CSS