Fuel levy cut: Petrol drops R1.50, diesel R3 from November – What you’ll actually pay at the pump
EFF presses criminal charges amid Bronkhorstspruit chlorine cover-up allegations
Yemen enters a phase of correcting ‘imbalances’ as Saudi Arabia and UAE seek to restore regional balance
Daily Lotto results, Monday October 19: Check winning numbers and payouts
Fuel levy cut: Petrol drops R1.50, diesel R3 from November – What you’ll actually pay at the pump
SASSA moves November pension grant payments to end of October — Check out exact payout dates
Could petrol prices ease by December? R10 billion fuel relief is on the cards
October fuel price hike: Drivers rush as petrol climbs to R30 mark
Alfa Romeo Cuorerosso: Multi-energy future revealed at Paris 2026
Record diesel prices put Africa’s biggest-ever truck test in the spotlight
What South Africans are really buying in the used-car market
Student-built solar car SunChaser 4 takes on its biggest test: A 2,000km drive from Sasolburg to Cape Town
Back to the City 2026: Cassper Nyovest & Hennessy owned the 20th anniversary edition
Mahindra Fusion Fest channels raw campus culture and South African rising talent at Wits
Shaka iLembe goes global as Season 3 first look is revealed
SA filmmaker Phumi Morare among four African writers selected for AuthenticA Series Lab
iPhone 20 price, release date and design leaks: what we know so far
Can a laptop solve South Africa’s AI challenges? Lenovo thinks so
HONOR 600 vs 600 Pro: One costs R5 000 more — but is it worth it in South Africa?
Samsung Galaxy S26 Ultra hands-on: The privacy phone we didn’t know we needed
Egypt vs Bafana Bafana: kick-off time, team news and how to watch
SuperSport to air AFCON PAMOJA 2027 qualifiers and finals
Eben Etzebeth: The most-capped Springbok in history
SuperSport launches fan-voted Player of the Month award for African Premier League stars
Tshwane water crisis: 5 affected areas & where to find safe water
Investigation finds Tshwane failed to warn residents about unsafe water as hundreds of children fall ill
Mahindra Fusion Fest channels raw campus culture and South African rising talent at Wits
Bernard Parker distances himself from viral split statement as TS Galaxy exit confirmed
Bernard Parker’s shock split from partner leaves fans asking: What happened to wife Wendy?
HomeEconomyConsumerFuel levy cut: Petrol drops R1.50, diesel R3 from November – What…ConsumerFuel levy cut: Petrol drops R1.50, diesel R3 from November – What you’ll actually pay at the pumpFinance Minister Enoch Godongwana has announced temporary fuel levy relief on petrol and diesel. But motorists should not expect pump prices to fall by the full amounts.
Finance Minister Enoch Godongwana has cut the general fuel levy for two months, but motorists should not expect cheaper petrol just yet.
As outlined in our earlier report on the R10 billion fuel relief package, Godongwana announced the temporary relief on Wednesday.
Treasury also lowered its 2026 growth forecast to 1.2%.
The levy will drop by R1.50 per litre for petrol and R3 per litre for diesel from November 4, 2026, under the initial phase of the relief package.
The relief forms part of Godongwana’s Medium-Term Budget Policy statement, which proposes new fiscal guardrails to strengthen discipline and accountability.
To fund the intervention, the R10 billion transferred to the Central Energy Fund returns to the National Revenue Fund and moves into the Contingency Reserve.
Pump prices still depend on international oil prices and the rand-dollar exchange rate.
The levy cut will therefore not translate into an equal reduction at the pumps.
Instead, it will help offset increases driven by market conditions.
Preliminary Central Energy Fund data pointed to November petrol price increases of about R1.52 per litre and diesel increases of around R1.25.
The R1.50 petrol levy cut would largely cancel out the projected increase, potentially leaving petrol prices close to their current levels.
Diesel motorists could see a net reduction of about R1.75 per litre if those projections hold.
These figures remain estimates. The Department of Mineral and Petroleum Resources will confirm the official fuel prices ahead of November 4.
Currently, 95-octane petrol costs R30.25 per litre inland and R29.38 at the coast.
The intervention follows October’s fuel price increases, when petrol rose by R3.33 per litre and diesel by up to R3.24.
Motorists were already under pressure after September’s fuel price hikes, when petrol increased by R1.34 per litre and diesel by R3.15.
The temporary levy cut offers some relief after two consecutive months of increases, although the final pump prices will depend on the monthly fuel price calculations.
The relief will not remain at full strength throughout the entire period.
From December 2, 2026, until January 5, 2027, the diesel levy reduction will fall to R1.50 per litre, while the petrol reduction will drop to R1 per litre.
The full levy will return after that period.
The arrangement mirrors the fuel levy relief introduced between April and June. That intervention applied a flat R3-per-litre reduction to both petrol and diesel, before tapering in June and ending by July.
The National Automobile Dealers’ Association (NADA) has welcomed the announcement but says households and dealerships need lasting improvements.
“The temporary levy reductions will provide some breathing space for motorists and businesses that depend on vehicles for their livelihoods,” NADA chairperson Brandon Cohen said.
Cohen said the intervention recognises the pressure transport costs place on commuters and businesses that move goods.
However, he added that fuel is only one part of vehicle affordability.
“The longer-term test will be whether they strengthen household purchasing power, improve service delivery and create conditions that allow dealerships to invest, develop skills and sustain employment,” Cohen said.
Motorists should watch for the official fuel price announcement ahead of November 4 to see how the levy changes affect petrol and diesel prices.
Also read: SANTACO holds off on taxi fare increases as it seeks government support for rising fuel costs.
NOWinSA is an independent news platform dedicated to delivering timely and impactful stories that drive conversations across South Africa. We cover breaking news, current affairs, and lifestyle topics that influence and resonate with the nation. From politics and social movements to business, culture, and consumer trends, our reporting combines accuracy, urgency, and insightful analysis to amplify perspectives that matter most. Our mission is to keep South Africans informed, engaged, and empowered—because ‘Stories Shaping South Africa Today’ will define the nation’s tomorrow.
Nowinsa.co.za proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.
Comments (0)
No comments yet. Be the first to share your opinion!