Dear Valued Client,
It’s difficult to believe that the first month of 2025 are already behind us. With the December holidays already a distant memory, this year has launched at a rapid speed, with high expectations and some trepidations.
If one looks at the numerous and somewhat contradictory economic predications for 2025, it’s easy to understand why South Africans are cautiously optimistic but also uncertain about what lies ahead.
Generally, financial forecasts are positive and indicate that inflation will be moderate and economic growth can be expected. However, amid global uncertainties and significant shifts in the West, it is important that South Africans businesses prepare themselves for some ups and downs in the economic cycle.
One of the ways to do so is to leverage the opportunities unique to South Africa. Various new infrastructure investments are expected following the revitalisation of the construction industry and global support following the recovery of other sectors.
These dynamics should also translate into a lower consumer price index, which would provide welcome relief for strained pockets after 2024.
While no-one can be certain of what 2025 will bring, we know one thing at Diesel Bro’s. That if your business has us as a fuel solutions partner, 2025 will be a year filled with customer service excellence, competitive fuel prices, leading bulk fuel delivery solutions, and reliable nationwide delivery.
From your fuel partner,
CEO/Founder,
Ryan Louw
Big Petrol Price Increase – Coming In February
Data shows that lower oil prices and a slightly stronger rand are not changing the trajectory for petrol and diesel price hikes in February.
Data from the Central Energy Fund (CEF) shows that fuel price recoveries remain tilted to towards under-recoveries – between 86 and 93 cents per litre for petrol, and around R1.10 per litre for diesel. This comes despite the rand pulling back from recent highs over R19/$ and oil prices pulling below $80 a barrel. While the impact of these turns is evident in the daily spot data, it takes time for this to feed through to the average. The Department of Petroleum and Mineral Resources uses an overall picture of the month when determining the price adjustments.
2025 started on the back door for fuel prices, with a 12 cents per litre hike kicking in at the start of January. This is likely to have an adverse on the inflation print for the month – something that will continue into February, putting upwards pressure on overall inflation in the first quarter of the year.
Related Posts
Make Profitability A priority in 2025
Dear Valued Client, After several announcements in the first quarter of the year, 2025 is set to...
Make the Most of 2025 With Diesel Bros
Dear Valued Client, Let me start with the first newsletter of the new year by wishing everyone a...
A Message From Our CEO – This Transport Month
Dear Valued Client, October is Transport Month, an important slot on the South African calen- dar...