By The announcement of fuel prices dropping is welcomed by motorists and consumers as well, but it is filled will mix motions as South Africans don’t know how to interpret it.
There are a number of international factors that led to the decrease of fuel prices, including the Rand being firmer against the US Dollar during the period under review. According to the Department of Mineral and Petroleum Resources, the Rand appreciated on average, against the US Dollar (from 18.84 to 18.11 Rand per USD) during the period under review when compared to the previous one. This led to lower contributions to the Basic Fuel Prices of petrol, diesel and Illuminating Paraffin by over 39.00 cents per litre.
The Department says the Minister of Finance, Enoch Godongwana in his Budget Vote Speech on the 21st of May 2025, announced that the Fuel Levy will increase by 16.00 c/l on petrol and 15.00 c/l on diesel, respectively, with effect from the 4th of June 2025. Therefore, the Fuel Levy in the price structures of petrol and diesel will increase to 415.00 c/l and 402 c/l, respectively. The Road Accident Fund levy remain unchanged at 218.00 cents per litre on the price structures of petrol and diesel.
Based on current local and international factors, the fuel prices for June 2025 will be adjusted as follows:
Petrol 93 (ULP & LRP): Five cents per litre (5.00 c/l) decrease.
Petrol 95 (ULP & LRP): Five cents per litre (5.00 c/l) decrease.
Diesel (0.05% sulphur): Thirty-six point nine cents per litre (36.90 c/l) decrease.
Diesel (0.005% sulphur): Thirty-six point nine cents per litre (36.90 c/l) decrease.
Illuminating Paraffin (wholesale): Fifty-six cents per litre (56.00 c/l) decrease.
SMNRP for IP: Seventy-five cents per litre (75.00 c/l) decrease.
Maximum LPGas Retail Price: Eighty-nine cents per kilogram (89.00 c/kg) decrease.
