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The fuel price adjustment effective from midnight remains a challenge for consumers who were hopeful of a significant fuel price reduction.

Motorists with petrol-powered vehicles will pay less for petrol from midnight; however, businesses, motorists, and commuters relying on diesel-powered transport will face another increase.

According to the latest fuel price adjustment issued by the Department of Petroleum and Mineral Resources, both grades of petrol will decrease by 52c/L. Diesel 0.005 (wholesale) will increase by R1.23/L, while diesel 0.05 (wholesale) will rise by R1.38/L.

Illuminating paraffin will increase by R1.52/L, whereas LPGas will sharply decrease by R4.41/kg.

At the pumps, this means the price for inland petrol will average just below R26/L for the first time in five months. Unfortunately, for diesel prices, the increase in costs will be felt widely across the economy.

As always, diesel contributes to numerous economic activities, and higher costs are likely to influence food prices, transport fares, and the cost of doing business in the coming months.

UASA continues to call on the government and stakeholders to seriously examine fuel pricing structures and relief measures, including a review of the fuel levy, to protect consumers, businesses, and households under financial pressure from the ripple effects of global oil markets.

UASA also urges its members affected by the fuel price adjustment to remain financially savvy and be creative in managing their budgets.

Issued by UASA spokesperson Abigail Moyo