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South Africa's petrol price to decrease by 7.4 percent in August

Reuters
A customer waits to be attended to at a petrol station in Soweto March 11, 2009. REUTERS/Siphiwe Sibeko (Reuters)

JOHANNESBURG (Reuters) - The retail price of petrol in South Africa will decrease by 7.4 percent from August 3, while the price of wholesale diesel will go down by 6.3 percent, the energy department said on Friday. The price of petrol will fall by 99 cents to 12.35 rand per litre in the commercial hub of Gauteng province, while diesel will go down by 74 cents to 10.97 rand per litre, the department said in a statement. (Reporting by TJ Strydom; Editing by Stella Mapenzauswa)