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South Africa hit by record diesel price hikes despite fuel levy cut
Diesel prices rose 7.51 rand a liter, the highest on record, as shortages and rationing hit stations and bus service in Pretoria.
- On Tuesday, South African motorists flocked to gas stations ahead of record fuel hikes, despite Finance Minister Enoch Godongwana announcing a 3 rand per liter levy decrease to cushion the price shock.
- Godongwana attributed the domestic price pressure to the ongoing conflict in the Middle East, where the war in Iran continues to destabilize global energy markets and inflate local fuel costs.
- Diesel prices will rise by a record 7.51 rand , while gasoline increases by 3.06 rand ; the government's levy reduction will cost 6 billion rand in lost revenue.
- Fuel shortages disrupted public bus services in Pretoria on Tuesday, as some stations rationed purchases between 30 and 50 liters per vehicle while others ran completely dry.
- Solidarity Research Institute economic researcher Theuns Du Buisson warned that record increases threaten logistics and transportation costs, likely triggering inflation that will disproportionately affect low-income households in coming months.
13 Articles
13 Articles
Fuel price hike hits consumers hard
Fuel price hike hits consumers hard Nokuthula Khanyile Wed, 04/01/2026 - 10:30 DURBAN - Fuel price increases took effect on Wednesday. Petrol is up by about R3 a litre, and diesel has risen by as much as R7 to R10 a litre.Several fuel stations reported dry pumps ahead of the increase, fuelling anxiety and frustration among motorists over what lies ahead.eNCA spoke to motorists who said they were anxious over the tough times ahead. A motori…
South African motorists came to gas stations en masse on Tuesday, before record increases in fuel prices came into effect at midnight, while the world continues to feel the effects of the war in Iran that has affected world oil prices and its derivatives.
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