Wednesday, October 24, 2012

Petrol price announcement

Athenkosi Mvane
24 October  2012

Motorists may be on guard of fuel prices due to be announced on Friday.

After an increase of 23 cents per litre of petrol and 40 cents for diesel earlier in the year, motorists can only speculate on the price.

Economist Mike Schussler believes the fuel price will not have been affected much, although the price of oil may have dropped.

Schussler predicted “ the diesel price unfortunately are going to up by 10 cent a litre, the rand weakened and made sure we will not get a price decline” he said.

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