SA's petrol price to drop in September

by Monique Vanek 6 views0

SA's petrol price to drop in September

JOHANNESBURG (Reuters) – The retail price of petrol in South Africa will decrease by 5.2 percent from Sept. 2, while wholesale diesel will go down by 4.9 percent, the energy department said on Friday.

In a statement, the department said petrol would cost 12.57 rand ($0.95) in the commercial hub of Gauteng province, while diesel would be 10.41 rand.

The government adjusts the price of fuel every month, factoring in global oil prices and the rand exchange rate.

($1 = 13.2360 rand)