Though fuel prices are set to increase on Wednesday 3rd May, the strengthening rand and softer international oil prices have lowered the anticipated fuel price increase. The predicted price of petrol in April by the Automobile Association was 55 cents litre but will now be 49 cents litre, while diesel will increase by 33 per litre.
Rising fuel and car prices are just some of the costs that will start eating into the budgets of South Africans, but WesBank has sound advice for buyers who want to keep their budgets intact and ensure their personal credit records do not get downgraded. Some of that advice includes keeping some breathing room in your budget, keeping healthy credit record, staying debt free, and borrowing as little as possible.
Ever wondered how much forecourt attendants(petrol attendants) in South Africa earn? According to a report by the South African Petroleum Industry Association, the majority of petrol attendants are young men with an average age of 27 earning a minimum wage of between R1 126.35 - R1 126.35 per week depending on the area.