PETROL PRICE DROP GOOD NEWS FOR PROPERTY
- O&A Team
- September 5, 2022
- Business
- First National Bank, John Loos, Petrol price, Petrol price reduction, Property market
- 0 Comments
WORDS: John Loos, Property Sector Strategist at FNB Commercial Property Finance The Department of Minerals and Energy announced today that domestic fuel prices will be reduced considerably effective from 7 September 2022. Both grades of petrol will decrease by R2.04 cents per litre while diesel (0.05% sulphur) will decrease by 56 cents. Property markets should probably “mildly celebrate” – oil …
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