03 Jul

UASA Media Release: 3 July 2025

Statement by Abigail Moyo, spokesperson of the trade union UASA

The fuel price changes that took effect yesterday are an unwelcome setback for consumers who had been benefiting from a period of financial recovery due to lower fuel prices.

The Department of Petroleum and Mineral Resources (DPMR) said the price surge, directly linked to geopolitical tensions such as the ongoing conflict between Israel and Iran, has driven Brent crude oil prices up by 13%. It is crucial to recognise that our local fuel prices are primarily determined by international oil prices and the rand-dollar exchange rate, as oil is priced in US dollars.

As a result, petrol prices are up by 52c/L for petrol 93 and 55c/L for petrol 95 grades. Diesel prices have increased by 82c/L and 84c/L for the 0.05% and 0.005% wholesale grades, respectively. Additionally, illuminating paraffin prices have increased by 67c/L, while LPG prices have decreased by 57c/kg. The latter will particularly impact low-income households that depend on paraffin for cooking and heating.

Furthermore, consumers should be aware that July also brings local municipal tax hikes, compounding the financial strain on households.

UASA strongly urges its members and consumers to adopt sound financial strategies during this period. We are confident that the market will eventually rebound in favour of consumers. These price changes took effect on 2 July.

For further enquiries or to set up a personal interview, contact Abigail Moyo at 065 170 0162.

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