Petrol price to drop by 13 cents per litre from Wednesday
Minister of Mineral Resources and Energy Gwede Mantashe has announced on Monday that motorists will be paying 13 cents per litre less for petrol and 5 c/l less for diesel from midnight on Tuesday.
In a statement released on Monday, Mantashe said the reason for the decrease in the fuel prices was due to lower global crude oil prices during the period under review.
The current price for a litre of unleaded 95 octane petrol is R16.16. From Wednesday, this is expected to fall to R16.03/l.
International oil prices have risen and fallen during the month of January, which is why the lower international oil prices that we’re currently seeing will only properly reflect in the March fuel price, assuming of course that the oil market does not recover during the month of February.
It is believed that the upcoming Budget Speech and fears of a Moody’s downgrade are currently weighing on the currency.
Tito Mboweni’s Budget Speech is also likely to bring bad news for fuel prices, in the form of increased taxes that would take effect from the beginning of April.
In other news – Mihlali Ndamase survives serious Food poisoning – I really thought I was gonna die
YouTuber and influencer Mihlali Ndamase has shared a recent food poisoning experience and wants to emphasize that it is painful AF. Mihlali “validated” her followers’ stories on Twitter that the pain associated with food poisoning is often downplayed.
She said often people dubbed those who complained about the pain as “dramatic”, but she could now say, from personal experience, that it was truly the pits … like the bottom! continue reading
Source: IOL
