South Africa’s petrol price to drop by 7.4% in Aug

 The retail price of petrol in South Africa will drop by 7.4 per cent from August 3, the energy department said on Friday.

The department also said that the price of wholesale diesel would go down by 6.3 per cent.

The department said the price of petrol wouldl fall by 99 cents to 12.35 rand per litre in the commercial hub of Gauteng province.

It said that diesel would also go down by 74 cents to 10.97 rand per litre.