• Inside Labour

    Away with empty rhetoric and slogans - labour needs to focus on real issues, says Terry Bell.

  • Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

Loading...
See More

Minister: Big fuel price drop in June

May 17 2012 18:04 Sapa

Related Articles

Petrol price to rise steeply - again

Sanral denies vehicles to be impounded

Motorists hit by huge petrol price hike

Cable confirms talks on oil reserves

US cracks down on oil speculation

Less pressure for rates rise as CPI slows

 

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

NEXT ON FIN24X

 

Latest Articles

Fun and inexpensive things to do with the kids Read More...
8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
 
 

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
52 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

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