As October 2025 approaches, South Africans are paying close attention to fuel price adjustments. Changes in petrol, diesel, and paraffin rates can directly affect daily expenses, transportation, and the broader economy. Understanding the new rates and the factors behind them is essential for both households and businesses.
How Fuel Prices Are Determined in South Africa
Fuel prices in South Africa are based on the Basic Fuel Price (BFP) system, also known as the import parity model. This method aligns local prices with international oil and refining costs, as well as the exchange rate between the South African Rand and the US Dollar.
In addition to global influences, domestic factors such as transportation costs, wholesale and retail margins, storage fees, pipeline levies, and the Road Accident Fund (RAF) levy contribute to the final pump price. The government reviews fuel prices monthly to adjust for any over or under-recoveries, keeping the market in line with international trends.
Reasons for Fuel Price Changes in October 2025
Several factors influence fuel prices in South Africa. The Department of Mineral Resources and Energy (DMRE) monitors these changes and makes adjustments accordingly. Key reasons include:
- Global Oil Prices: Imported crude oil forms a major part of South Africa’s fuel supply. Any changes in the international market directly affect local prices.
- Exchange Rate: Since oil is traded in US dollars, fluctuations in the Rand can increase or decrease import costs.
- Taxes and Levies: The RAF levy, customs duties, and other surcharges contribute to the overall price at the pump.
- Shipping and Refining Costs: Delays or disruptions in global shipping or refining operations can affect local fuel prices.
Updated Fuel Prices for October 2025
For October 2025, the fuel prices show a mixed trend. Petrol has slightly decreased, while diesel and paraffin prices are on the rise. The rates will be effective from 2 October 2025 as announced by the DMRE.
Fuel Type | Price per Litre (ZAR) |
---|---|
Petrol 93 Unleaded | R23.65 |
Petrol 95 Unleaded | R24.10 |
Diesel 0.05% Sulphur | R22.75 |
Illuminating Paraffin | R17.30 |
Impact of Fuel Price Changes on Households
Fuel price fluctuations affect daily life in multiple ways. While petrol users might benefit slightly from the decrease, rising diesel and paraffin prices can have broader effects:
- Public Transportation: Higher diesel prices increase the cost of buses, minibus taxis, and freight services, potentially raising commuter expenses.
- Household Costs: Low-income families relying on paraffin for heating or cooking will see their monthly expenses rise.
- Food Prices: Transportation costs for groceries and goods may increase, indirectly affecting the cost of living.
Effects on Businesses and the Economy
Fuel price changes also impact businesses and the broader economy:
- Transport and Logistics: Diesel-powered transport becomes more expensive, increasing delivery and shipping costs.
- Agriculture: Rising diesel prices make operating machinery more costly, which can affect overall production.
- Small Businesses: Increased transportation expenses can reduce profit margins for small enterprises.
- Inflation: Fluctuating fuel costs contribute to inflation, affecting everyday expenses across the country.
Tips for Managing Fuel Costs
Consumers and businesses can take several steps to manage rising fuel expenses:
- Use public transport whenever possible.
- Share rides or carpool to reduce individual fuel costs.
- Use fuel price tracking apps to find the cheapest stations nearby.
- Drive efficiently by avoiding idling, maintaining steady speeds, and limiting unnecessary trips.
- Adjust monthly budgets to account for fluctuating fuel prices.
Future Outlook for Fuel Prices
While the slight decrease in petrol prices provides temporary relief, fuel prices remain volatile. Global supply changes, geopolitical tensions, and currency fluctuations could lead to future increases. The government is working on alternative energy solutions and boosting local fuel production to stabilize prices in the long term.
Frequently Asked Questions
Q1: Will 95-octane petrol prices increase?
Yes, prices are expected to rise slightly, by around 16 cents per litre.
Q2: Are diesel prices changing in October 2025?
Diesel prices are rising, which may affect public transport and freight costs.
Q3: What about paraffin prices?
Paraffin costs are increasing, impacting households that rely on it for cooking and heating.
Q4: Who announces the official fuel prices?
The Department of Mineral Resources and Energy (DMRE) announces the official petrol and diesel prices.
Q5: When are the official prices announced?
The final prices are usually released in the last days of September, just before the start of the month.