Petrol price drop could have sting in its tail
Cape Town - The expected fall in the petrol price in December will certainly be good news for SA, but there is a sting in the tail, economist Dawie Roodt of the Efficient Group told Fin24 on Friday.
"The lower international price of oil is partly reflecting a weak global economy. Unfortunately a weak global economy also pushes other commodity prices down - commodities of which SA is a major exporter," explained Roodt.