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 Register your customary marriage or lose the right to inherit estate

December is that time of the year when we will see at least one suitor sending his uncles to negotiate the price of his future wife. Lobola, as the bride price is known, has always been an important element of the African marriage.

Read more

Changing from one medical scheme to another - effortlessly

It is coming up to the end of the year and you might be looking to change medical schemes, or options within a scheme in preparation for the new year. While you don’t necessarily have to wait for year-end to do so, providers often recommend it.

Read more

Your guide to financially surviving Christmas

There are a few times each year where you need to dig deeper into your pocket and spend more money such as birthdays, anniversaries, and the Christmas period. Whether you celebrate this religious holiday or not, the festive period - depending on how you choose to spend it - means increased travelling, buying of gifts, entertaining, and eating out at restaurants.


Read more

Trump, Trump and a little bit of South Africa

What a November we had, with the rand staging one of its best months and closing below the R14.00 level. To be honest, this looked like quite a far-fetched possibility at one stage during the month. It seems that the tide has changed a little, even though it might be short lived since the US dollar bulls are not so sure of their case anymore.

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Free iCollege Scholarship

Price: R600
When: Until 16 May 2019
Where: Nationwide

Telkom December Big Deal

Price: R459 pm
When: Until 31 December
Where: Nationwide

Money Savvy Kids Giveaway

Price: R450
When: 8 December
Where: Johannesburg (Milpark)