Good news: Fuel price reprieve all but confirmed for June
Looking for a new or used Ford? Find it here with CARmag!
Fluctuations in price have seen South African motorists experience a rollercoaster ride over the past year, but the past several months have yielded decreased prices at the pumps, and that seems set to continue in June. The expected reductions are attributed to a combination of factors, including a relatively stable rand-dollar exchange rate and subdued international oil prices. As of mid-May, the rand was trading at approximately R18 to the US dollar, while Brent crude oil prices hovered around $65 per barrel.
Related: Living With It – Ford Puma 1.0 EcoBoost ST-Line Vignale [Final Update]
Predicted June fuel price adjustment summary
Should these conditions persist, the anticipated fuel price adjustments for June are:
Unleaded 93 : Decrease of 26 to 30 cents per litre
: Unleaded 95 : Decrease of 25 to 30 cents per litre
: Diesel 500 ppm : Decrease of 53 to 60 cents per litre
: Diesel 50 ppm:
Decrease of 53 to 61 cents per litre
These projected cuts would mark the fourth consecutive month of fuel price reductions, offering continued financial respite to consumers and businesses alike. Notably, diesel prices are expected to reach a three-year low, which could have positive implications for sectors reliant on transportation and logistics.
Related: Review: Suzuki Dzire 1.2 GL+ Manual
However, it's important to note that these figures are based on mid-month estimates and are subject to change. The Department of Mineral Resources and Energy will announce the official fuel price adjustments at the end of May, with the new prices taking effect on June 4.
Motorists are advised to stay informed of the final announcements to plan their fuel purchases accordingly.
Browse thousands of new and used vehicles here with CARmag!
The post Fuel Price Reprieve All But Confirmed for June 2025 appeared first on CAR Magazine.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
eNCA
4 hours ago
- eNCA
Citrus exports juice up SA ports
TSHWANE - The clock is ticking for South Africa to strike a deal with the United States. READ: USA Moves To Possibly Sanction ANC Leaders, SA Government If not, on 1 August South African goods entering the US will be taxed at 30 percent. Donald Mackay, a Trade Analyst, discussed the impact of this on citrus exports with eNCA.
TimesLIVE
6 hours ago
- TimesLIVE
Ford issues safety recalls of Ranger and three other models in SA
Ford Motor Company of Southern Africa has issued safety recalls of four models this week: the EcoSport, Puma, Everest and Ranger. Ford is contacting affected customers and advising them to contact a dealer to have the necessary repairs completed free of charge. Customers may check if their Ford vehicle is affected by this or any other recall here and enter their VIN number in the search bar, or phone 0860 011 022 / +2712 843 5824 (international callers). RANGER AND EVEREST There is a safety recall on certain Ford Ranger bakkie and Everest SUV models with 3.0 l V6 engines, built between June 2022 and March 2025. FMCSA has identified that in some of the affected vehicles, there is a possibility that the left-side camshaft sprocket may fracture, causing the engine to stall without warning, increasing the risk of an accident. There are 1,050 vehicles affected in Southern Africa (South Africa — 995; Botswana — 17; Namibia — 34; Swaziland — 4). PUMA Certain Puma crossovers built between November 2021 and September 2024 have a fuel line that may rub against a bracket and develop a fuel leak over time. This potential issue may result in an engine stall or, in the presence of an ignition source, a fire. Owners may notice fuel odour, fuel leaking beneath the vehicle, or smoke from fuel on a hot surface. There are 1,796 vehicles affected in Southern Africa (South Africa — 1,775; Botswana — 6; Namibia — 13; Swaziland — 2). ECOSPORT Certain Ford EcoSport models built between April 2021 and July 2022 may have front half shafts that were not fully inserted into the transmission during assembly, creating the potential for the half shaft to disengage from the transmission. If this happens there is a possibility of loss of engine power while driving. It may also result in a vehicle rollaway when the vehicle is placed in Park without the park brake being applied. Both conditions increase the risk of an accident. There are 2,872 vehicles affected in Southern Africa (South Africa — 2,806; Botswana — 25; Namibia — 41).
IOL News
8 hours ago
- IOL News
South African intellectuals propose new strategies for economic empowerment
Christo Van der Rheede hosted the FW De Klerk Foundation conference. Image: File A recent conference hosted by the FW de Klerk Foundation in collaboration with the Konrad-Adenauer-Stiftung brought together prominent South African intellectuals to discuss alternative ways to empower South Africans and stimulate economic growth. The Constitutional Rights conference, titled "Achieving an Inclusive Economy", featured panellists including Moeletsi Mbeki, Ashor Sarupen, Dr Celeste Campher, Ismail Joosub, and Professor William Gumede. One of the key topics discussed at the conference, hosted by its Executive Director Christo van der Rheede, was the need to rethink the current Broad-Based Black Economic Empowerment (BEE) policy. Mbeki, a prominent economist and businessman, argued that BEE has failed to achieve its intended goals and has instead created a culture of dependency among black professionals. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ "We have to repeal Black Economic Empowerment legislation," Mbeki said. "One of the most important consequences of the BEE combined with public sector salaries is that it disincentivises, especially young black professionals, to become entrepreneurs. It incentivises them to become public sector employees, and this is why South Africa is not building new companies." Gumede, a leading expert on economic development, proposed alternative empowerment strategies that focus on pragmatism and inclusivity. Gumede argued that the current BEE policy has benefited only a small elite group of black individuals, while leaving the majority of South Africans behind. "We need to shift to alternative optics of empowerment," he said. "The way empowerment is structured now is based on giving politically connected ANC leaders and trade union leaders benefits in existing companies. We need to bring small companies into supply chains and manufacturing so that the supply chains are in manufacturing. Secondly, we need to reward skills training and reward employment so that empowerment becomes that if you employ young people.' Gumede said pragmatism was a philosophy that must be implemented in South Africa. 'From South Africa's point of view, we need to focus all our state, economic, and nation-building initiatives on pragmatism… We need to look at what works and what is in the interest of everyone. We need to remove anti-growth policies,' he said. The conference also discussed the need to reduce the public sector wage bill, which is seen as unsustainable and detrimental to economic growth. Campher, an economist and policy analyst, argued that the government should prioritise infrastructure development and job creation over social interventions. "The current public sector wage bill must be reduced drastically to afford the building of public infrastructure," Campher said. "Our roads, harbours, and railway system are in a dilapidated state and must be fixed." Sarupen, a businessman and entrepreneur, proposed a Basic Employment Grant scheme that would provide individuals with a grant in exchange for rendering basic services at the municipal level. Sarupen argued that this approach would not only provide a safety net for the poor but also promote entrepreneurship and skills development. "A Basic Employment Grant should also be integrated with a skills and entrepreneurial development programme," Sarupen said. "Continuing to hand out grants for free perpetuates and has entrenched a dependency culture." One of the attendees of the conference, which was held in Boksburg, Ekurhuleni, said that it highlighted the need for alternative empowerment strategies that prioritise inclusivity, pragmatism, and entrepreneurship. "If we rethink the current BEE policy and promote small businesses and job creation, South Africa can stimulate economic growth and reduce poverty and inequality," he said.
