Save on Fuel
Last night, fuel prices were hiked considerably, hitting motorists hard. However, there are ways you can save on fuel. Regularly servicing your car and tweaking your driving habits will ensure you burn through less fuel on a monthly basis. Continue reading
Fuel Price Increases
April is set to be a grim month for consumers, who can anticipate a spate of price increases. This month, electricity tariff, repo rate and fuel price increases will take effect. Continue reading
Electricity Tariff Hike Approved
A 9.4% electricity tariff hike was approved by the National Energy Regulator (Nersa) for 2016/17. This after Eskom applied to recoup R22.8 billion in 2015, which it claims to have used to prevent load shedding. Continue reading
The price of petrol (95 and 93 octane) is anticipated to drop by 69c on Wednesday, 2 March 2016, according to the Department of Energy.
Whereas, the wholesale price of diesel (0.05% and 0.005% sulphur) is expected to rise by 15c and 14c per litre respectively. The wholesale price of illuminating paraffin will rise by 17c per litre and the SMNRP (single maximum national retail price) will rise by 23c per litre on 2nd March 2016. Continue reading
Big Petrol Price Drop
The petrol price is expected to drop by a considerable amount in March, while the wholesale diesel price is predicted to remain the same after a huge fall during February.
Throughout February, the rand has traded at somewhat stronger levels of about R16 to the dollar, up from an average of around R16.35 to the dollar during January. Continue reading
The Jury is Out on Electricity Tariffs
The National Energy Regulator of South Africa (Nersa) will announce whether or not it will approve Eskom’s proposed hike of electricity tariffs on February 25. The hearing for Eskom’s regulatory clearing account (RCA) concluded on Friday, February 5. Continue reading