01/04/2026
✒️ It is never a good idea to share information on April, 1st but this is no April Fool's joke!
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Petrol was previously expected to go up by more than R6 per litre, but thanks to the last minute intervention by the government, motorists will experience a smaller increase of R3.06 per litre for both octanes.
It’s a similar story for diesel, as diesel was projected to face a record-high increase of over R10 per litre, but the temporary fuel relief means that users will pay R3 less than previously reported.
That being said, buyers will still see a considerable hike of R7.37 for diesel 0.05% while 0.005% is going up by R7.51 per litre.
These are the official adjustments:
Petrol 93 – Increase of R3.06 per litre
Petrol 95 – Increase of R3.06 per litre
Diesel 0.05% (wholesale) – Increase of R7.37 per litre
Diesel 0.005% (wholesale) – Increase of R7.51 per litre
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😫Key Effects of Rising Fuel Prices😫
👉Consumer Strain & Inflation: High fuel costs directly increase household expenses, particularly for transport, leading to reduced spending on other essentials. This drives up overall inflation, often termed "cost-push" inflation.
👉Increased Transportation and Logistics Costs: Transport constitutes a significant portion of food and goods prices. Higher fuel costs raise these costs, often passed to consumers, with estimates of food price increases due to higher logistics expenses.
👉Impact on Agriculture: Fuel is crucial for farming, including machinery for planting and harvesting. Higher diesel prices raise agricultural production costs, impacting food prices, as cited by when noting that fuel can constitute 12%-18% of farm production costs.
👉Decreased Disposable Income: As consumers spend more on fuel and related goods, they have less money for savings or non-essential spending.