Automobile association of south africa
Outa, AA again urge Mbalula to extend driver's licence renewal deadline
Transport Minister Fikile Mbalula has remained steadfast that the grace period will not be extended beyond the end of March.
Fuel prices will hit record highs this week, with both grades of petrol increasing by R1.46 cents for a litre. Diesel will go up by between R1.44 cents and R1.48 cents a litre while illuminating paraffin increases by R1.21 cents a litre.
The AA said that the judgment vindicated its position stated over many years that the Aarto Act was drafted without sufficient care.
The warning was based on the data from the recent exchange rate and commodities.
It said that while the rand had managed to advance against the US dollar, it had not been enough to offset the gains made by oil over the past few weeks.
The association said that due to the retreat in oil prices, 95 octane petrol was expected to drop by around four cents a litre, with diesel down by 19 cents and illuminating paraffin by 24 cents.
The AA has predicted a drop in fuel prices next month, but it says the marginal decrease depended on whether the rand can hold its own against the dollar.
Millions of people have taken to the streets in Iran, promising severe action against the US for the killing of military leader Qasem Soleimani.
The upcoming fuel hike is expected to be the highest single increase South Africa has ever experienced.
The AA expects petrol to decrease by up to 34 cents a litre next month.
The Automobile Association says it expects the fuel prices to rise soon.
The AA says petrol might drop by 55 & 64c/l, diesel by 53 & 57c/l & illuminating paraffin 60c/l.
According to the AA, many municipal and provincial entities are opposed to the AARTO system.
The 'first of several petrol price hikes' for 2013 hit consumers after midnight.
Motorists have complained about the poor state of Gauteng roads.
Naamsa says there was a significant spike in new car sales in May.