South Africa's petrol pump price to drop 5.2 percent in September

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

Business
Premium Hiring civil servants on contract will fuel corruption, experts say
Business
Kenyan retailers ready to pounce as Ethiopia to open up market
Business
KQ suspends flights to Kinshasa over detention of staff
Business
Sugarcane farmers blame woes on Agriculture and Food Authority