South African motorists face impending fuel price hikes. Despite a significant reduction in projected increases, uncertainty looms over government relief measures.
Motorists can expect a petrol price increase of R2.14 per litre and diesel will rise by R5.93 per litre in May 2026. Under-recoveries for petrol and diesel have trended lower throughout April, which has eased some concerns.
The National Treasury cut fuel levies by R3.00 per litre in April 2026 to mitigate price shocks. However, this relief is set to expire on 6 May 2026. Finance Minister Enoch Godongwana acknowledged the challenges ahead: “We have to live with the reality that we are price takers as far as oil is concerned.”
Global oil prices have surged above $100 a barrel due to ongoing geopolitical tensions in the Middle East. This increase has put additional pressure on local fuel pricing. The rand currently trades at R16.64 against the dollar, reflecting global market volatility.
In July 2022, South Africa experienced its biggest petrol price hike of R2.57 per litre, raising concerns about affordability for consumers. The current situation has led to speculation about future adjustments and potential government interventions.
Yet, there is still uncertainty regarding the impact of the expiration of the fuel levy relief after May 6. Officials have not confirmed whether any further measures will be implemented to support motorists.
The Central Energy Fund continues to monitor trends in fuel pricing closely, but the future remains unclear for South African drivers relying on stable fuel costs.
