Fuel price increase limited to salary adjustment



Jeff Radebe

The minister of energy, Jeff Radebe, has announced that the fuel prices will remain unchanged for this month except the 4,9 c/l increase in the retail margin of petrol to cater for the annual salary increase for forecourt attendants, cashiers and other administration staff.

South Africa has witnessed sustained increases in fuel prices for the past few months, which has placed a strain on consumers.

Despite the fact that these increases were caused mainly by international factors, the department has decided to intervene temporarily for this month. This is a once off temporary intervention to provide some relief to motorists and consumers against fuel price hikes, Radebe says.

According to Radebe, the 4,9 c/l salary increase is in line with the Motor Industry Bargaining Council’s (MIBCO’s) agreement of 18 November 2016. This annual increase is effective from 5 September 2018. The minister says this money must be ring-fenced for the wages of the forecourt staff.

Product Increase (c/l)
Both Grades of Petrol 93 and 95 (ULP & LRP) 5
Both Grades of Diesel 0,05% and 0,005% Sulphur 0
Illuminating Paraffin (Wholesale) 0
Illuminating Paraffin (SMNRP) 0
Maximum Retail Price for LPGAS 0

 

Contact Lerato Ntsoko, Department of Energy, Tel: 012 406-7799, mediadesk@energy.gov.za

 

 

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