Economists are hoping that a drop in the oil price will lead to more decreases in fuel prices next year.
The latest blow to Africa’s most advanced, but struggling, economy was softened the fuel price drop.
Experts are predicting a positive knock-on effect on the South African economy.
South Africans can expect rolling blackouts once again this weekend.
The executive refused to attend the company’s quarterly performance improvement plan.
All grades of petrol will drop by 69 cents a litre, the department confirmed today.