Significant drop in fuel and diesel predicted for January 2023

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Motorists can expect significant fuel price reductions for 2023.

This is according to the Automobile Association commenting on data from the Central Energy Fund.

It says both grades of petrol, diesel and paraffin prices are showing substantial decreases which will come into effect when the official adjustment for January is made on Wednesday.

The AA is predicting that both grades of petrol will decrease by around R1.85/litre, with diesel set to drop by between R2.47/R2.59/litre while illuminating paraffin will decrease by around R1.93.

For many travellers who are currently on vacation, this is also good news as it will undoubtedly reduce expenses on the return leg of their journeys