How fuel price decreases will affect your pocket

Mineral resources and energy minister Gwede Mantashe on Tuesday announced that the price of petrol and diesel will decrease 19c/l and 54c/l respectively, effective from Wednesday.

Mantashe cited lower oil prices for the price drop induced by the continuous spread of the coronavirus, known as Covid-19, which has disrupted global trade and hammered financial markets.

MultimediaLIVE spoke to FNB Cash Investments CEO Himal Parbhoo, who explained how the fuel price decrease will affect local consumers.