SA motorists will pay 22c/l more for petrol on Wednesday

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LIQUID GOLD: The price of petrol and diesel goes up again from Wednesday, and will have a knock-on effect on inflation. Pic: SYDNEY SESHIBEDI. 08/04/2005. © Sunday TimesnnPetrol Attendent Samuel Mogadi, attend the customers at the BP petrol station in Hyde Park on Jan Smuts Avenue. The petrol price has gone beyond the R5.00 mark. Pic: Sydney Seshibedi. 8/4/05. © ST.nn

Motorists will pay 22c more for a litre petrol from Wednesday, but about 15c less for diesel, the Central Energy Fund said on Tuesday.

The rand had strengthened about 0.85% against the dollar during the period under review, although the international price of petrol increased, and diesel and paraffin decreased.

Illuminating paraffin will cost 24c less.

Petrol also saw a 11.6c per litre increase due to annual margin adjustments on petrol, while there is a net increase of 6.05c a litre for diesel and illuminating paraffin.

The annual adjustments address margins for the wholesale, storage, handling and distribution sides of the business, which faced cost increases through the course of 2019.

gernetzkyk@businesslive.co.za

https://www.businesslive.co.za/bd/economy/2019-12-03-sa-motorists-will-pay-22cl-more-for-petrol-on-wednesday/

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Herman Pienaar
23 years ago Herman and his wife Carina, with their 2 daughters moved to George in the beautiful Garden Route region of South Africa. He has a passion for the people of the region and is involved in many humanitarian projects. He is co-owner of the popular Facebook group called Georgiete Staan Saam with a membership of 84 500. He is a connector and an activist for unity and works tirelessly to help all communities in George and the Garden Route to realise that the answer for the political, business and socio-economical problems of the area is to stand together, plan together and working together at a common sustainable goal of alleviating poverty.Herman is the CEO of the Love Garden Route NPC and is one of the founders of the Love George movement. He is the owner and founder of the GardenrouteNEWS platform (previously Lovegeorge NEWS) and the online radio stations RadioCSA. For 32 years Herman specializes in web development and web design and through his business also offer web-hosting, email-hosting and domain-hosting.As a Pastor he has presented over 40 men's and women's camps where the main focus is to assist and guide Christians in discovering who and whose they are, discovering their true calling and then activate them into their true Prophetic and Apostolic calling.