The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 2nd of March 2022. The adjustments are based on a number of current local and international factors.

Take note of the following changes;

  • Petrol (both 93 and 95 ULP & LRP): one hundred and forty-six cents per litre (146.00c/l) increase.
  • Diesel (0.05% sulphur): one hundred and forty four point three six cents per litre (144.36 c/l) increase.
  • Diesel (0.005% sulphur): one hundred and forty-eight point three six cents per litre (148.36 c/l) increase.
  • Illuminating Paraffin (wholesale): one hundred and twenty-one cents per litre (121.00 c/l) increase.
  • SMNRP for IP: one hundred and sixty-one cents per litre (161.00c/l) increase.
  • Maximum LPGas Retail Price: seventy cents per kilogram (70.00 c/kg) increase.

The main reasons for the adjustments, according to the Minister, are the crude oil prices, international petroleum product prices, the Rand/US Dollar exchange rate and the implementation of the slate levy.