NWU economist puts fuel price hike in perspective
Motorists are now paying 29c/l extra for 93 and 95 octane petrol. This retail price hike was announced by the Department of Energy, citing oil prices and the Rand/Dollar exchange rate as reasons for the increase. During an interview with RSG, well-known economist – Dr Andre Mellet from the North-West University's Vanderbijlpark Campus – compared 2016 and 2017 fuel prices and shared his sentiment pertaining to the rest of 2017.