Energy
Fuel prices to increase in May
The retail price of petrol in South Africa will rise by 3.4 per cent from May 2, while the price of wholesale diesel will rise by 4.6 per cent, according to the energy department.
The department said in Johannesburg that the price of petrol would rise by 49 cents to 14.97 rand per litre in the commercial hub of Gauteng province, while diesel would go up by as much 59 cents to 13.34 rand.
The Central Energy Fund said in a statement that the depreciation of the rand against the dollar in past months, as well as a higher oil price globally had contributed to the rise in local fuel prices.
-
Latest5 days agoFull List: Meet the 2026 Nobel Prize winners across six categories
-
Football5 days agoPremier League Matchweek 7: Five Fixtures That Could Shape the Weekend
-
Latest4 days agoUmahi defends Lagos-Calabar highway route changes amid public outcry
-
Business3 days agoDangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity
-
Business4 days ago
Dangote Refinery IPO Extension: Was the 70% subscription report overhyped?
-
Latest2 days agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Featured4 days agoEl-Rufai, ADC governorship candidate’s court appearance puts Kaduna opposition politics in focus
-
Business2 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September