Motor industry union says fuel costs have jumped 77% in five years while wages stagnate, forcing impossible choices on families.
Oil prices fell as Trump announced crushing sanctions on Iran while Asian markets dropped amid tech selloff and AI investment concerns.
Petrol prices will drop by 52 cents a litre from 5 August, while diesel and paraffin prices increase significantly.
While earlier projections pointed to significant price cuts across the board, the latest data, from 20 July 2026, reveals a widening divide between petrol and diesel prices, driven by a…
Driven by a sharp decline in global oil prices and a strengthening local currency, substantial price cuts for petrol, diesel and illuminating paraffin will take effect on Wednesday 1 July.
A dramatic plunge in global oil prices alongside a surging local currency is set to drive fuel prices down significantly in July – comfortably absorbing the total expiration of the…
South Africa’s CPI rose to 4% in April, mainly due to fuel price hikes, impacting transport costs and airfares significantly.
South Africa plans to establish a state-owned energy company amid rising fuel prices, emphasising petroleum security and economic recovery.
National Treasury extends fuel levy relief to June 2026, suspending the diesel levy entirely as Middle East tensions drive up oil prices.