Minister Mantashe approves annual adjustment to transport tariffs
This gives effect to the implementation of revised zone differentials into the price structures of petrol, diesel and illuminating paraffin.
Mineral and Petroleum Resources Minister Gwede Mantashe at the Africa Energy Week in Cape Town on 7 November 2024. Picture: Lindsay Dentlinger/EWN
JOHANNESBURG - Minister of Minerals and Petroleum Resources Gwede Mantashe has approved the annual adjustment to the transport tariffs as lower fuel prices kick in at the pumps on Wednesday.
This gives effect to the implementation of revised zone differentials into the price structures of petrol, diesel and illuminating paraffin.
The department announced the latest changes to the fuel price structure on Tuesday.
Spokesperson Robert Maake said: "The annual adjustments to the transport tariffs applicable in petrol, diesel and IP price structures will range from an increase of 7.5 c/l in (magisterial district pricing zone 14c in Limpopo) to an increase of 4.2 c/l for petrol and diesel as well as 2.3 c/l for ip (zone 9c-gauteng). This means fuel price changes will be different in the 54 magisterial district zones."
The increase of 3 cents per litre in the carbon levy announced in the Budget Speech in March also takes effect on Tuesday.
"Therefore, the fuel levies will increase to R3,99 per litre and R3,87 per litre in the price structure of petrol and diesel, respectively. The slate levy remains unchanged at 0 cents per litre in the price structures of diesel."