• FULL mini budget speech

    Read the full mini budget speech delivered by Finance Minister Pravin Gordhan.

  • #FeesMustFall reporting

    What are the real issues and whose voices are being suppressed by social media, asks Solly Moeng.

  • Matchmaker businesses

    Multisided platforms can create huge value for society and fortunes for entrepreneurs, says Ian Mann.

All data is delayed
See More

Minister: Big fuel price drop in June

May 17 2012 18:04

Parliament - There will be a "substantial decrease" in the price of fuel next month, Energy Minister Dipuo Peters said on Thursday.

Opening debate on her department's R6.8bn budget in the National Assembly, she told MPs this would be in time for the June holidays.

"We are currently witnessing a (downward) swing in the crude oil price and I'm please to announce that next month motorists will benefit from a substantial decrease in fuel prices in time for the June holiday driving season," Peters said, to loud applause from members.

She did not put a figure on the decrease.

dipuo peters  |  petrol prices  |  fuel prices


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote