Share

Good news for SA motorists: Fuel price to drop in March - AA

accreditation

Johannesburg - Fuel prices are set to drop in March as South Africans benefit from a stable exchange rate and lower international fuel prices, reports the Automobile Association (AA), which was commenting on unaudited month-end fuel data released by the Central Energy Fund. 

Fuel price drop

The AA says: "The Rand was trading at around R12.00 to the US dollar at the start of February, and has gradually strengthened to an average level approaching R11.80 for the month. 
 
"Over the same period, international fuel prices dropped sharply. Although they have subsequently climbed, the increase has been moderate enough for South African fuel users to see some benefit."

"We expect petrol to drop by up to 38 cents a litre and diesel by 47 cents."
 
It adds that if the Rand maintains its current stable trend against the US dollar, the main driver of fuel price changes in the near future will be international petroleum prices.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE