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Tag: Motorists

News: Motorists will be paying more for petrol from Wednesday

Motorists will be paying 5 cents more for a litre of petrol from Tuesday midnight and diesel users will have to pay an extra 45 cents.

The adjustments are as follows:

  • Petrol 95: 5 cents per litre increase
  • Petrol 93: 5 cents per litre increase
  • Diesel 0.05%: 45 cents per litre increase
  • Diesel 0.005%: 45 cents per litre increase
  • Illuminating paraffin: 39 cents per litre increase

 The prices will reflect as follows:

The AA said that without the rand’s good performance in July, the increases would have been higher, and they are solely attributable to increasing oil strength, Business Tech reported.


Sources: enca, BusinessTech

Photo Credit: BusinessTech

Motorist: Great news! Expired licences from March 26 valid till January 2021

Transport minister Fikile Mbalula has gazetted an amendment to the lockdown regulations to allow road users until next year to renew their expired licences.

The gazette, released on Wednesday, states that licence cards expiring as of March 26 will be valid until January 2021.

“All learner’s licences, driving licence cards, temporary driving licences and professional driving permits that expire during the period that commenced from March 26 up to and including August 31 are deemed to be valid and their validity period is extended for a further grace period ending on January 31 2021,” it states.

The grace period is also extended for all motor vehicle licence discs, temporary permits and roadworthy certificates that expired from March 26 up to and including May 31. They will be considered as valid until August 31 this year.

The gazette further stipulates that motor trade number licences that expired during the period from March 26 and up to May 31 also have their validity extended for a further grace period ending on November 30.

Motorists: Yet another petrol price increase expected.

South African motorists can expect further increases at the pumps in August, on the back of higher oil prices, and despite a stronger rand, Business Tech reported.

Mid-month data published by the Central Energy Fund (CEF), shows that if market conditions persist at current levels, motorists can expect a price hike of around 34 cents per litre of petrol, and 68 cents for diesel next month.

The projected price changes would follow sizable hikes over the past two months, with petrol having increased by R1.72 per litre, and diesel by R1.73 per litre in July.

The rand/dollar exchange rate – also a big factor in determining local fuel prices – has worked in South Africa’s favour in the month to-date, undercutting some of the increases seen due to climbing oil prices.

These are the expected changes at mid-July:

  • Petrol 93: Increase of 35 cents per litre
  • Petrol 95: Increase of 33 cents per litre
  • Diesel 0.05%: Increase of 68 cents per litre
  • Diesel 0.005%: Increase of 67 cents per litre
  • Illuminating paraffin: Increase of 63 cents per litre



MOTORISTS: Shocking Petrol Price Increase

South African motorists will be hit with another hefty fuel price hike next month, effectively wiping out most of the fuel price relief that lockdown brought, according to IOL Motoring.

Commenting on unaudited month-end data, the Automobile Association is predicting a petrol price increase of R1.73 a litre from next Wednesday, July 1, while diesel is set to go up by R1.74 a litre and illuminating paraffin by R2.14.

The latest increase will drive the price of 95 Unleaded petrol up to R14.43 per litre at the coast and R15.13 inland, where the cheaper 93 ULP grade will rise to around R14.93. This is just 78 cents less per litre than this year’s price peak of R15.71 for 93 ULP just before lockdown.

This means a tank of petrol will cost between R52 and R130 more, depending on what car you drive, according to IOL Motoring.

While the rand has provided a bit of wind in South Africa’s petrol price sail in the preceding month, this has proven no match for the recent surge in international oil prices as the world continued to ease out of lockdown.

Brent crude was trading at R41.40 at the time of writing which is around double what it cost in late March.

Although the rand gained around 34 cents to the US dollar in June, the currency was still R2.50 weaker than it was before the Covid-19 crisis hit.

“We cannot overstate the effect that the rand’s collapse is currently having on fuel users,” the AA added.

“If the rand had remained at its pre-Covid-19 levels, fuel users would likely be seeing a reduction in fuel prices in the order of 75 cents a litre next month”.

Source: IOL Motoring


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