Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
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The one thing that becomes obvious, when you travel a bit, is how we are overcharged for fuel. We pay 50% more for fuel than some countries, and there are many countries where fuel is in fact subsidised who pay even less. The good news at the moment is that we are, despite the weakening Rand, heading to a reduction in the petrol price at the end of this month, which could be as much as 66c. It could be more if the Rand could show some strength – something it appears terrified to do over the last three years in a constant, one-way slide, against the Dollar. We can be thankful that so far we are not at the R14,00 peak that we saw back in 2014, but if the Rand could only improve and we could have some of the taxes that are added to the petrol price removed, we could give a real boost to our economy.
Posted by Michael de Broglio on Tuesday 25-Aug-15
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Comments
A van Huyssteen said:
on Tuesday 13-Oct-15 06:46 AM
good day the Oct fuwl price set at R12.32 but Engen garage in Weigelia Veldenvlei ia charging R12.38. Are they allowed to do it
Joyce said:
on Friday 28-Aug-15 04:43 PM
I think it is good new that petrol price going down.
Juliet said:
on Tuesday 25-Aug-15 09:18 AM
I just wish for some stability and a low, constant fuel price. It is now boring getting excited for a 50c decrease this month, then holding our hands over our mouths when it increases by 70c the next month. Seriously boring repetitive procedure. It must just be low, and stay low
Sarah said:
on Tuesday 25-Aug-15 08:41 AM
The rand just needs to increase and petrol must go down.
Daria said:
on Tuesday 25-Aug-15 08:26 AM
Petrol price in south africa is ridiculous. Most consumers land up spending half their salary just on petrol. So i can not wait till the petrol price drops it gives us all a chance to hopefully save a little .
Bianca said:
on Tuesday 25-Aug-15 08:17 AM
It would be great to see the Rand put up a fight, over the past few weeks, the Rand has lost a lot of ground and the Dollar and Pound are looking very strong in comparison to our "weak Rand." I always welcome a drop in the petrol price with open arms! A bit of relief for consumers!
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
