Midnight deadline: Massive fuel hikes to hit South African purses

Petrol and diesel costs are set to skyrocket tomorrow (May 6), with some increases exceeding R5 per litre as global volatility takes its toll.

*This article was amended to adapt the price of diesel after the department issued a correction for the price increase for diesel, from R6.19/l to R5.27/l.

With significant increases looming for petrol, diesel, paraffin, and gas, South Africans have until midnight to purchase fuel before prices rise. Motorists face another steep hike from tomorrow (May 6), following confirmation of the official May adjustments by the Department of Mineral Resources and Energy, reports Pretoria Rekord.

Both grades of petrol will increase by more than R3, while diesel will climb by over R5 a litre.

With a cold front approaching, the price of illuminating paraffin will rise by more than R4 per litre. In Gauteng, LPGAS will increase by just over R5 per kilogram; unwelcome news for those depending on these resources for light, heat, and cooking. Residents in the Western Cape will be hit even harder, with LPGAS set to increase by R5.78/kg.

These increases come amid volatile global oil prices linked to ongoing international conflicts, as well as pressure from the rand/dollar exchange rate. Although the government extended temporary fuel tax relief for May, the benefit was largely offset by a significant slate levy adjustment, adding further pressure to pump prices.

The new prices take effect from midnight:

FuelChange
Petrol 93+R3.27/l
Petrol 95+R3.27/l
Diesel 0.05%+R5.27/l
Diesel 0.005%+R5.27/l
Illuminating Paraffin+R4.22/l
LPGAS (Gauteng)+R5.07/kg

The Citizen reports that fuel price increases for different magisterial district zones will be published later today.

The department uses different magisterial zones, taking in factors such as the distance from coastal refineries and ports, to determine fuel prices.

Read original story on www.citizen.co.za

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Corné van Zyl

Corné van Zyl is a seasoned journalist and currently a senior reporter at Rekord, with a wealth of experience across various media platforms. She began her career after studying journalism at the Tshwane University of Technology (TUT) and first honed her skills at Media24. Corné’s career took her to Beeld, Sondag newspaper, and the South African Press Association (SAPA), where she built a strong foundation in news reporting. In her free time, Corné enjoys spending time with her family outdoors, embracing life and creating lasting memories with her loved ones.
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