Clarkson takes on ickle guys

There are two certainties in life – death and taxes – but it would be a pretty safe bet to add a third: Jeremy Clarkson offending somebody.

WHO: 'SA road laws inefficient'

The policing of South Africa's road laws is largely inefficient, according to a World Health Organisation study.

Fuel price set to rise

2013-01-30 10:21
Fuel

SA DRIVERS TO FORK OUT MORE AT THE PUMPS: The weakening Rand/Dollar exchange rate will likely impact the retail price of petrol in SA.

kalahari.com

 

JOHANNESBURG – The daily under-recovery reached 100.661 cents per litre (c/l) on January 29 2013 compared with an over-recovery of 3.855 c/l on January 1.

The change in the daily petrol price has largely been due to the weakening rand which moved from R8.5 per US dollar to R9.0675 in January 2013.

PETROL PRICE HIKE

The department of minerals and energy will likely implement a retail petrol price hike of about 42c/l on February 6‚ if the daily under-recovery remains near the January 29 level.

The wholesale diesel (0.05% Sulphur) price could rise by 19c/l.

An under-recovery means that the basic petrol price based on the daily product price and exchange rate is more than the basic fuel price used in the calculation of the monthly retail petrol price.

An under-recovery therefore implies that the retail petrol price will most probably be increased at the next monthly price adjustment‚ provided the government does not introduce a new levy or raise either the wholesale or retail margin.

 


Read more on:    increase  |  petrol  |  south africa  |  price

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining

Inside Wheels24

FEATURED COLUMNIST

Tobruk to Kaap in a Kubelwagen

Wheels24 columnist DAVE FALL spotted a German war machine in Cape Town - a 1942 Kubelwagen "tub truck".

There are new stories on the homepage. Click here to see them.