Fuel price decrease expected in June

JOHANNESBURG - Rev your engines - but not quite yet.

Motorists could expect a significant decrease in fuel prices in June.

According to the latest data from the Central Energy Fund, the over-recovery of petrol and diesel is at over 80 cents per litre.

This as the Rand is standing a bit stronger against the US Dollar than in previous months. 

This is welcome news for cash-strapped consumers - but it's still a long time till the 5th of June when the new prices will come into effect.