Find out about the latest electricity tariff hikes and how they will affect your debt.

price of petrol

Price of Petrol to Drop on Wednesday!

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

petrol price

Good News – Petrol Price to Fall in March!

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

Electricity Tariffs – Hike or No Hike? 

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