Markets

South Africa's petrol pump price to stay unchanged in May

Published April 30, 2015 Updated April 30, 2015 02:16pm

JOHANNESBURG: The retail price of 95-grade petrol in South Africa will remain unchanged from May 6, while the wholesale diesel price will dip by 0.44 percent, the energy department said on Thursday.

The government adjusts the price of fuel every month, taking into account global prices and shifts in the rand exchange rate.

Copyright Reuters, 2015