The Energy Department says there will be a sizeable reduction in fuel prices in August.
A formal announcement will be made by the end of the week.
At the same time, the process to deregulate petrol prices has begun.
Energy Minister Gwede Mantashe published a notice for public comment.
The move will allow retailers to sell fuel at their own prices, up to a specific limit.
The price of petrol has almost doubled since July last year.
The latest increase saw motorists paying over R2 more per litre.
Source: eNCA
In other news – 55-year-old The River actress Tinah Mnumzana (Sis Flora) speaks on claims she is getting married
The River actress Tinah Mnumzana took to Instagram very quickly to set the record straight after her followers assumed she had tied the knot.
The star said people misunderstood an outfit she wore — one she said was suitable for a “welcoming the bride” ceremony. “Joo Bathong, there seem to be a huge misunderstanding regarding my previous post. Learn More
