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Unemployment rate has reached its all-time highest and this will affect graduates

Unemployment rate has reached its all-time highest and this will affect graduates
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Slight drop in fuel price brings relief to motorists pockets

Slight drop in fuel price brings relief to motorists’ pockets Share DURBAN – A slight drop in the petrol price is expected to bring much-needed relief to motorists pockets. A litre of 95 and 93 octane petrol is expected to cost around 9 cents less while the price of diesel will drop by 30c and paraffin 23c. The price decrease is due to the slight appreciation of the rand, the Mineral Resources and Energy Department says. Mancosa senior finance and economics lecturer Meshel Muzuva warned that consumers must be aware that there would always be the instability of local and global economies which could affect fuel prices.

Consumers warned to budget carefully as May fuel prices decrease

Consumers warned to budget carefully as May fuel prices decrease By Karen Singh Share DURBAN – While the decrease in fuel prices will bring some welcome relief for motorists, cash strapped South Africans should budget carefully to cover the costs of owning a vehicle. Debt Rescue’s chief executive Neil Roets said after a bond or rent, a car is likely to be a consumer’s biggest cost. Roets was commenting after an announcement by the Department of Energy that the price of fuel is set to decrease by nine cents per litre and diesel by 31 cents a litre on Wednesday, May 5.

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