South African drivers may soon face another hike in fuel prices come September, as recent data from the Central Energy Fund suggests a rise in costs for petrol, diesel, and illuminating paraffin. The figures indicate potential increases of about 83 cents per litre for 93 petrol and 94 cents for 95 petrol. Diesel prices could see a more substantial surge, with an expected rise of approximately R2.87 per litre for 0.05% diesel and R3.07 for 0.005% diesel. Illuminating paraffin is also projected to increase by around R2.24 per litre.
The anticipated rise in diesel prices is particularly concerning given its widespread use in key sectors such as freight, agriculture, construction, and mining. A significant increase in diesel costs could lead to higher transportation and operational expenses, subsequently putting pressure on food and consumer prices across the country.
While the current outlook is slightly better than earlier this month—when petrol was expected to go up by about R1 per litre and diesel by nearly R5 per litre—the latest data still shows substantial upward pressure on fuel prices. The situation remains closely tied to international oil price trends and the exchange rate between the rand and the dollar, both of which heavily influence South Africa’s monthly fuel price adjustments.
Despite the rand showing some resilience, the continuing rise in global petroleum prices contributes to the ongoing fuel price under-recoveries. It is important to note that these figures from the CEF are indicative and may change before the final adjustment is made. The new fuel prices are anticipated to take effect on 1 September 2026.