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South Africa: Minister Gwede Mantashe announces adjustment of fuel prices effective from 5 July 2023
South Africa: Minister Gwede Mantashe Announces Adjustment of Fuel Prices Effective from 5 April 2023
Motorists will have a great start in the new year following an announcement of a fuel price decrease by Minister of Mineral Resources and Energy, Gwede Mantashe.
Motorists with petrol-fueled cars can expect a decrease in the price of petrol, while the price of diesel and LPGas is expected to increase with effect from 05 October 2022. Minister of Mineral Resources and Energy, Gwede Mantashe, announced the adjustment of fuel prices based on current local and international factors. Petrol (93 ULP and
The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, announces the adjustment of fuel prices based on current local and international factors with effect from the 5th of January 2022. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, e.g. shipping costs.