Petrol price pumped up again

By Staff Writer

LIQUID GOLD

From The Times.co.za

By Robert Laing 

The price of petrol and diesel goes up again from Wednesday, and will have a knock-on effect on inflation   
Filling up a 45litre tank with 93 octane petrol cost R320 in June last year. From midnight tomorrow when this month's increase (50c a litre) takes effect, it will cost R442 - a R122 or 38percent jump - to fill up your tank. Fuel inflation has been nearly double that for diesel-vehicle drivers. The wholesale price of standard diesel will have risen 73percent to R10.80 a litre from Wednesday.

Justmoney.co.za says:

When petrol jumps, just about everything else jumps. Petrol is core to many of our everyday products, that need to be transported around the world to us. If you expect then for average costs to rise, it's time to see if your finances are performing for you. Check your bank accounts and savings accounts to see if they are competitive. Consider your vehicle finance and your vehicle insurance. Make sure that you are prepared beforehand.

 

Recent Articles

Featured Should you save or invest your money?

While saving means putting away cash for future use, investment involves purchasing assets which will yield good returns in the future.

Read more

Retirement annuities compared – pick the one for you

When selecting an RA you must know the type of annuity you are investing in. Retirement annuities are divided into two categories: traditional and new generation annuities.

Read more

Recent tax changes – how do they affect you?

In January this year, various amendments to the Taxation Laws Amendment Bill and the Tax Administration Act were announced. While some changes will benefit you, others could be to your disadvantage. Justmoney looks at how some of the recent changes will impact you.

Read more

Claiming from RAF – should you lawyer up?

A claim against the Road Accident Fund (RAF) can take up to five years before settlement. In trying to secure payment faster, should you appoint a lawyer rather than approaching the RAF directly?

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Save R100 when you buy a tracker at Takealot

Price: R289
When: Daily
Where: Online

Pamper yourself and partner for less at Bakwena Day Spa

Price: From R999
When: Until 31 July
Where: Hartbeespoort

Pay only R35 for the new Nandos Boujee Bowl

Price: R35
When: Daily
Where: Nationwide