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JUST IN: SA might cut fuel prices

Based on the current oil, international fuel and rand prices, the latest data from the South African Central Energy Fund (CEF) shows that petrol prices could be cut by around R1.90 a litre in November, while diesel prices could be lowered by between 69 and 75 cents a litre. However, there are still more than two weeks to go before the final prices are set. South African fuel prices are largely determined by international oil costs and the rand exchange rate, as oil is priced in dollars.

#MarketWatch Online #NMHNews

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Namibian Sun 2024-09-20

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LaLiga: Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club | Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad SerieA: Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: Stoke City 1 vs 3 Hull City English Championship: Stoke City 1 vs 3 Hull City Katima Mulilo: 25° | 39° Rundu: 20° | 39° Eenhana: 17° | 36° Oshakati: 15° | 34° Ruacana: 16° | 35° Tsumeb: 19° | 34° Otjiwarongo: 13° | 32° Omaruru: 14° | 32° Windhoek: 11° | 28° Gobabis: 9° | 30° Henties Bay: 11° | 18° Wind speed: 22km/h, Wind direction: W, Low tide: 06:23, High tide: 12:53, Low Tide: 19:02, High tide: 01:16 Swakopmund: 12° | 14° Wind speed: 22km/h, Wind direction: NW, Low tide: 06:21, High tide: 12:51, Low Tide: 19:00, High tide: 01:14 Walvis Bay: 11° | 17° Wind speed: 23km/h, Wind direction: N, Low tide: 06:21, High tide: 12:50, Low Tide: 19:00, High tide: 01:13 Rehoboth: 7° | 29° Mariental: 7° | 26° Keetmanshoop: 6° | 24° Aranos: 6° | 27° Lüderitz: 14° | 27° Ariamsvlei: 6° | 23° Oranjemund: 15° | 30° Luanda: 22° | 24° Gaborone: 11° | 17° Lubumbashi: 18° | 36° Mbabane: 8° | 9° Maseru: 3° | 13° Antananarivo: 11° | 28° Lilongwe: 21° | 31° Maputo: 14° | 15° Windhoek: 11° | 28° Cape Town: 10° | 21° Durban: 13° | 14° Johannesburg: 7° | 9° Dar es Salaam: 23° | 29° Lusaka: 21° | 34° Harare: 17° | 30° Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.41 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.24/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067 Sport results: LaLiga: Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club | Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad SerieA: Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: Stoke City 1 vs 3 Hull City English Championship: Stoke City 1 vs 3 Hull City Weather: Katima Mulilo: 25° | 39° Rundu: 20° | 39° Eenhana: 17° | 36° Oshakati: 15° | 34° Ruacana: 16° | 35° Tsumeb: 19° | 34° Otjiwarongo: 13° | 32° Omaruru: 14° | 32° Windhoek: 11° | 28° Gobabis: 9° | 30° Henties Bay: 11° | 18° Wind speed: 22km/h, Wind direction: W, Low tide: 06:23, High tide: 12:53, Low Tide: 19:02, High tide: 01:16 Swakopmund: 12° | 14° Wind speed: 22km/h, Wind direction: NW, Low tide: 06:21, High tide: 12:51, Low Tide: 19:00, High tide: 01:14 Walvis Bay: 11° | 17° Wind speed: 23km/h, Wind direction: N, Low tide: 06:21, High tide: 12:50, Low Tide: 19:00, High tide: 01:13 Rehoboth: 7° | 29° Mariental: 7° | 26° Keetmanshoop: 6° | 24° Aranos: 6° | 27° Lüderitz: 14° | 27° Ariamsvlei: 6° | 23° Oranjemund: 15° | 30° Luanda: 22° | 24° Gaborone: 11° | 17° Lubumbashi: 18° | 36° Mbabane: 8° | 9° Maseru: 3° | 13° Antananarivo: 11° | 28° Lilongwe: 21° | 31° Maputo: 14° | 15° Windhoek: 11° | 28° Cape Town: 10° | 21° Durban: 13° | 14° Johannesburg: 7° | 9° Dar es Salaam: 23° | 29° Lusaka: 21° | 34° Harare: 17° | 30° Economic Indicators: Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.41 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.24/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067