Fuel Prices News Updates

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Low-rolling resistance tyres scrutinised at TCO launch

A compelling case was made for decarbonisation and, ultimately, decreased operational costs in the transport fleet industry by investing in quality low-rolling resistance tyres by road freight executive Nicci Scott Anderson. Speaking at Mic
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26 Apr 2024

Here's what you're likely to pay for petrol and diesel in May

Petrol is set to become even more expensive from next Wednesday, May 1, while diesel customers can look forward to a bit of relief at the pumps.This is the picture painted by unaudited month-end data released by the Central Energy Fund (CEF
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26 Apr 2024

Producer inflation forecast to stay elevated on rising food prices

Prices of goods at the factory gate are forecast to accelerate to the top end of the target band by the end of the year as the Producer Price Index (PPI) edged up in March after food and beverages rose to a 3-month high.Data from Statistics
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26 Apr 2024

Millennial leadership is the future of family-owned businesses

Family-owned businesses play a crucial role in the economy. It's estimated that 80% of South African companies are family-owned and provide jobs for 90% of the workforce. In a country with high unemployment, the success and enduranc
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25 Apr 2024

Salaries slightly down in March but could improve

Salaries were slightly down in March due to various market and economic factors but could improve later in the second half of the year as conditions improve. The average take-home pay, measured in the BankservAfrica Take-home Pay Index (
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25 Apr 2024

Dangote Refinery slashes diesel, aviation fuel prices further to N940, N980 respectively

Price cut to impact nations economy MAN Will reduce pressure on foreign exchange CPPE Its relief to transport operators ALBON By Udeme Akpan, Energy Editor, Theodore Opara, Transport Editor Ediri Ejoh THE $20 billio
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25 Apr 2024

Bloomberg Ranks Dangote Refinery Over Europe's Big Producers

Bloomberg Ranks Dangote Refinery Over Europe's Big Producers The Dangote refinery has been ranked above the 10 biggest refineries in Europe because of its capacity, according to data compiled by Bloomberg. The $20bn Dan
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25 Apr 2024

BHP makes $39 billion bid for Anglo American in mining shake-up

BHP Group said on Thursday it had made a $38.8 billion bid for Anglo American,proposing a deal that would create the worlds biggest copper miner and sending its smaller rivals shares sharply higher. BHP said it will offer Anglos sharehol
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25 Apr 2024

Average take-home pay fell in March on market and economic strains: BankservAfrica

The average take-home pay fell marginally in March due to various market and economic factors that have placed financial constraints on companies and pressure on salaries.According to the BankservAfrica Take-home Pay Index (BTPI) released y
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25 Apr 2024

Eskom says fewer breakdowns and reserves sufficient to keep the power on

Eskom says sustained electricity generation capacity and sufficient emergency reserves have been the key drivers to more than 29 days without load shedding, but energy analysts say there are also other reasons at play.Eskom said in response
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25 Apr 2024