The Automobile Association (AA) has predicted a significant fuel price increase next month as 8 million additional South Africans return to work under level 3 of the lockdown. The association said the decline in the petrol price over recent months is set to come to an end, with the price of brent crude oil as the major reason for the sharp increase.
AA’s Layton Beard said while the fuel demand remained historically low due to the COVID-19 pandemic, it’s expected to surge as global economic activity resumes.
“At this stage, the AA is predicting an increase of R1,20 in the petrol price, 22-25 cents in diesel and 44 cents for illuminating paraffin. This is a reversal of last two months trend which saw a significant decrease in the fuel price.
In other news – MultiChoice sends a strong warning to it’s DStv subscribers
MultiChoice has warned customers that it has seen an increase in the number scams targeting DStv subscribers. There’s been a surge in the number of scams targeting our DStv customers in recent weeks,” the company said in a blog post. The company listed a number of scams which it advised customers to be wary of, including a Premium upgrade scam which purportedly offers customers a year of DStv Premium in exchange for a once-off payment. Read more
Source: eNCA
