Steep jump in petrol price from Wednesday

Cape Town – The price of petrol will increase by 67c a litre from next Wednesday, while the price of diesel will be 44c a litre more, the Department of Energy said on Sunday. Energy Minister Mamoloko Kubayi said the rand/US dollar exchange rate and the prices of petroleum products in the international markets are the main contributing factors for the September price hike. “The Rand depreciated, on average, against the US dollar during the period under review.” In addition, there was an increase in the crude oil prices coupled with a weaker rand, massive floods caused by the storm […]

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Transport management needs macroeconomic approach, urges logistics professor .

South Africa is a transport challenged country and, although transport-related issues should be a government priority, this is not the case and government has not yet mastered managing transport and logistics from a macroeconomic perspective, Stellenbosch University (SU) logistics professor Jan Havenga told delegates at a recent meeting of the Transport Forum, in Durban. Print Send to Friend 1 0 He added that a great deal could be gleaned from the Logistics Barometer launched by SU’s Logistics Department earlier this year. The barometer measures logistics costs as a percentage of a country’s gross domestic product (GDP) and unpacks this to […]

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Petrolprys styging vir Julie kan  50 cent per liter wees

Omie trap die petrol dat ons vinniger kan ry” moet liefs nie meer gesing word nie, want die petrolprys gaan oor net meer as ’n week wéér met minstens 50c per liter styg. Volgens syfers van die bedryfsliggaam vir vulstasies, die Fuel Retailers Association, was die onderverhaling op 95-oktaan-petrol Maandag meer as 50c per liter. Op 93-oktaan was dit meer as 39c per liter. Diesel sal nie so skerp styg nie en ’n onderverhaling (dus styging) van tussen 17c en 18c per liter op die groothandelprys het Maandag gegeld. (Nuwe syfers word nie Dinsdag uitgereik nie omdat dit ’n openbare […]

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