IOL Logo
Saturday, June 7, 2025

Latest News & Developments

petrol price

Official fuel prices for June: Here's how much you'll pay for petrol and diesel from Wednesday

Petrol and diesel prices are set to change from June 4, as South Africa faces its first fuel tax increase in three years.

Motoring Industry News
Jason Woosey|Updated

Stronger rand set to ease the blow of fuel taxes for South African motorists

How the fuel tax increase is tempered by a stronger rand, and what it means for South African motorists this June. With court challenges looming, the impact on your wallet could be more significant than expected.

Daily News News
Daily News Reporter|Published

What to expect for petrol and diesel prices from June 04

Fuel taxes are increasing for the first time in three years, but a stronger rand may provide some relief for South African motorists. Discover the expected changes in petrol and diesel prices on June 04.

Cape Argus News
Jason Woosey|Published

EFF slams 4% fuel levy hike, warns of economic inequality

The proposed increase — the first since the 2021/22 fiscal year — would raise the fuel levy by 16 cents per litre for petrol and 15 cents for diesel, pushing the rate from R3. 85 to R4. 01 per litre.

News Politics
Kamogelo Moichela|Published

SANTACO raises alarm over fuel levy hike's impact on taxi industry profits

SANTACO voices serious concerns over the recent fuel levy hike by Finance Minister Enoch Godongwana, warning it could severely impact the profitability of the taxi industry.

Business
Mthobisi Nozulela|Published

2025 Budget Speech 3. 0 brings fuel tax increase: here’s how it will affect June fuel prices

Discover how the latest 2025 Budget Speech affects fuel taxes and what it means for South African motorists in June.

Motoring Industry News
Jason Woosey|Published

Fuel price decrease still possible for June, despite recent uptick in oil prices

Could South Africa see fuel price cuts in June? Despite a recent surge in oil prices, the latest data suggests possible reductions for petrol and diesel. Discover what factors are at play.

Motoring Industry News
Jason Woosey|Published

What to expect from South Africa's fuel price changes in May 2025

Minister Gwede Mantashe announces significant adjustments to South Africa's fuel prices for May 2025, citing international factors and local economic conditions.

News
Nomonde Zondi|Published

Fuel price outlook for May: petrol and diesel decreases looking likely

April's fuel price cuts are likely to be followed by further decreases in May, but a weaker rand will limit the savings. Here's what you can expect at the pumps.

Motoring Industry News
Jason Woosey|Published

Watch VideoVAT Crisis | Beyond the Pump: How South Africa's fuel taxes affect daily life

While fuel taxes remain unchanged in the 2025 Budget, South Africans still pay R6. 21 per litre in levies, affecting everything from food prices to taxi fares and widening the gap between rich and poor.

Motoring Industry News
Jason Woosey|Published

Oil price and rand are plunging - what this could mean for May's fuel price

As global markets tumble and tariffs escalate, what does this mean for South Africa's fuel prices in May?

Motoring Industry News
Jason Woosey|Published

April's official fuel price announcement brings relief for South African motorists

South Africans can look forward to significant savings at the pumps from April 2, as petrol and diesel prices are set to decrease.

Motoring Industry News
Jason Woosey|Updated

Petrol price set to nosedive in April

Economists forecast a significant decrease in petrol prices for South African motorists in April, driven by a stronger Rand and lower international oil prices.

Cape Argus Motoring
Yogashen Pillay|Published

Oil prices rising, here's how that affects SA's fuel price cut for April

Despite rising international oil prices, South Africa is set to enjoy petrol and diesel price relief in April. Here's what to expect.

Motoring Industry News
Jason Woosey|Published

Petrol price to take a nosedive in April, economists predict

Economists forecast a significant decrease in petrol prices for South African motorists in April, driven by a stronger Rand and lower international oil prices.

Business Report Economy
Yogashen Pillay|Published

Big fuel price cuts still on the cards for South Africa in April

Fuel prices are expected to drop significantly in April, providing much-needed relief for South African motorists.

Motoring Industry News
Jason Woosey|Published

Significant fuel price decreases predicted for South Africa in April

Big petrol and diesel price decreases are looking likely for April as international oil prices recede. Here's what to expect next month:

Motoring Industry News
Jason Woosey|Published

2025 Budget Speech brings no increase to fuel levy, but carbon tax raised

Although the fuel levy freeze is a step in the right direction, South African fuel still carries a relatively heavy tax burden.

Motoring Industry News
Jason Woosey|Published

The alarming 200% increase in petrol prices since 2008: what you need to know

South African fuel prices have skyrocketed by almost 200% since 2008, from R7. 20 to R21. 55 per litre. And it's not only at the pumps where we are feeling this. But what exactly contributes to the price of petrol?

Motoring Industry News
Willem van de Putte|Updated

Official petrol and diesel price decreases announced for Wednesday, March 5

South Africa's official fuel price adjustments for March have been announced. Here's how much you'll pay for petrol and diesel from Wednesday.

Motoring Industry News
Jason Woosey|Published

Here’s what you’re likely to pay for petrol and diesel from Wednesday, March 5

March fuel price data from the CEF shows mixed outlook for petrol and modest relief for diesel customers. Here's what to expect:

Motoring Industry News
Jason Woosey|Published

March Fuel price outlook better than expected, with some relief for diesel customers

Lower international oil prices have improved the fuel price outlook for March. Here's what you're likely to pay for petrol and diesel next month.

Motoring Industry News
Jason Woosey|Published

Experts predict no major change in petrol prices next week

Leading economists share their insights on the expected petrol price changes for March, highlighting factors influencing the market

Business Report Economy
Yogashen Pillay|Published

Engen's groundbreaking Employee Share Ownership Plan empowers staff

Engen, South Africa’s largest petroleum and convenience services company, announced in a statement on Sunday the launch of its first-ever Employee Share Ownership Plan (ESOP).

Business Report Economy
Yogashen Pillay|Published

Relief! SA fuel price hiking cycle may be coming to an end soon

International oil prices have dipped, suggesting a promising shift in South Africa's fuel price outlook this month.

Motoring Industry News
Jason Woosey|Updated