- Expected petrol price for July
- Big deadline for e-tolls this month
- Car guards are getting the short end of the stick
- Cape Town road upgrades stopped by mafia
- How many cars WeBuyCars goes through each month
These were the five biggest stories in South Africa’s automotive scene this week.
Expected petrol price for July
The Central Energy Fund has published its latest data report indicating what fuel prices could look like in July.
The good news is that petrol prices are expected to decline, but diesel may not be as fortunate.
Even so, petrol costs remain exceptionally high thanks in large part to the decline of the US dollar/rand exchange rate.
Big deadline for e-tolls this month
Gauteng’s controversial e-tolls continue to operate to this day despite multiple claims that the project would be shut down.
The tolling scheme is coming up on a big deadline, which could determine whether it will finally be terminated, or if it will continue to operate for the foreseeable future.
In the meantime, compliant motorists and businesses are still being charged despite promises of refunds that were announced earlier this year.
Car guards are getting the short end of the stick
A recent interview with Varsity College’s Dr. John Foster revealed that many of South Africa’s car guards are being taken advantage of, making it even harder for them to make ends meet.
Car guards operating in larger spaces such as malls are often required to pay daily fees to a management group to continue operating, which significantly cuts into the small sums they earn each day.
They are also required to undergo a course that has a substantial upfront cost before they are allowed to work.
Cape Town road upgrades stopped by mafia
Several major transport and infrastructure projects have been halted in Cape Town due to threats from local mafias – with R58.6 million hanging in the balance.
The groups are demanding a cut of the project and are threatening violence if their demands are not met.
The multi-million-rand upgrades are intended to service many of the City’s most vulnerable areas.
How many cars WeBuyCars goes through each month
WeBuyCars revealed its monthly buying and selling figures which make for an impressive statistic.
The pre-owned vehicle retailer is a local success story, having grown from a small outlet in Gauteng to one of the country’s biggest automotive businesses with 15 dealers across the nation.
Keyword: 5 important things that happened in South Africa’s car industry this week