It appears to be like like SA commuters are in for some extra reduction as petrol costs could drop in February.
Despite the fact that the Rand has taken some knocks lately because of the excessive ranges of load shedding eroding investor confidence int he worth of the Rand, we might be in for a small drop within the petrol value in February.
Tough Guess Predictions:
Because the Rand worth vs Greenback adjustments frequently and since the value of Brent Crude adjustments over time economists can merely guess what the costs will in all probability appear to be by the tip of the month. Here’s what some are saying:
Petrol 93: Lower: 18 cents/Litre
Petrol 95: Lower: 25 cents/Litre
Diesel 0.05: Lower: 50 cents/Litre
Diesel 0.005%: Lower: 63 cents/Litre
So, whereas these are simply guesses, what you may see is they’re speaking about a small discount in value, which is far nicer than one other laborious hitting enhance.
Some excellent news amidst tough load shedding instances.