TimesLIVE reports that motorists will wake up to good news on Thursday morning as the price of fuel will have dropped.
Fuel prices have fallen for two consecutive months and the Automobile Association (AA) said this would bring much-needed relief to embattled consumers. The Department of Mineral Resources & Energy announced on Tuesday that the retail price of ULP93 petrol will drop by R1.05/l, while ULP95 will go down 99c/l. The wholesale price of diesel will decrease by between 24c (0.005% sulphur) and 30c (0.05% sulphur). Illuminating paraffin will decrease by 18c/l. The new prices take effect on 4 July. The department attributed the decreases to lower international petroleum prices and the rand appreciating slightly against the US dollar during the period under review.
- Read the full original of the report in the above regard at BusinessLive
Get other news reports at the SA Labour News home page
This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.