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Early Christmas bonus expected for motorists

Motorists can look forward to further fuel price relief at month’s end, the Automobile Association (AA) said on Wednesday.

Motorists can expect to pay at least 40 cents less when filling up as from next week Wednesday, November 5.

According to Fin24, the AA said, “The drop in the petrol price is currently pegged at between 40 cents and 44c per litre, while diesel is showing an almost 56c per litre reduction.

“Illuminating paraffin is set for a drop of around 49c per litre.”

Reports suggest that the drop is due to the rand/US dollar exchange rate which has gradually strengthened in South Africa’s favour during October and international petroleum prices have shown a substantial decline over the same period.

“As December approaches, it looks as if motorists planning to drive to holiday destinations will have a little more spending money in their budgets,” the AA said.

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