Fuel price relief turns to pain for motorists: Here’s what you need to know
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South Africa’s mid‑July fuel outlook has flipped from relief to renewed pain, with petrol recoveries shrinking sharply and diesel swinging into negative territory.
The new data raises the risk of price hikes that will hit motorists and the wider economy.
Data from the Central Energy Fund (CEF) at the end of the third week in July shows that diesel price recoveries have gone into the red, with a 0.05% (500ppm) price hike on the cards.
Changes
The under-recovery has been attribut
The new data raises the risk of price hikes that will hit motorists and the wider economy.
Data from the Central Energy Fund (CEF) at the end of the third week in July shows that diesel price recoveries have gone into the red, with a 0.05% (500ppm) price hike on the cards.
Changes
The under-recovery has been attribut
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