Fuel Price Decrease Announced For October

Loading player...
The Fuel Price Decrease Announced For October could be a welcome relief for distressed consumers ahead of the start of festive season shopping if the rand survives global market volatility.
The Department of Mineral Resources and Energy has published the official fuel price changes for October, showing a decrease across all grades from Wednesday.
Petrol 95 will decrease by 32 cents per litre while petrol 93 will ease 23 cents per litre.
Diesel 0.05 percent and diesel 0.005 percent will fall by a significant 90 cents per litre and 93c per litre, respectively, while illuminating paraffin will decrease 76 cents per litre.
6 Oct 2020 1PM English South Africa Business News · Investing

Other recent episodes

How Currency Volatility Is Hitting South African SMEs

A new Verto report warns that currency volatility is now a bigger threat to SME margins than logistics. Rumbi Shoniwa from Verto SA explains how FX swings erode profits and the practical steps SMEs can take to protect themselves.
29 Apr 3PM 11 min

Engineering Through Headwinds: Leoka’s 10‑Year Growth Story

Leoka Engineering founder Katlego Makgata reflects on a decade of building a 100% Black‑owned EPCM firm in one of South Africa’s toughest sectors. We discuss OR Tambo’s mission‑critical operations and the digital innovations shaping the next era of African engineering.
29 Apr 3PM 18 min

The New Rules of SME Resilience in 2026

Merchant Capital CTO David Reynders joins us to unpack how South African SMEs are navigating a volatile economy. We explore cash‑flow discipline, cost‑cutting without damaging growth, and why “cash buys you time.”
29 Apr 3PM 13 min

South Africa’s Fuel Relief Extended

The government has extended the temporary fuel levy cut—but what does this mean for inflation, household budgets, and the Reserve Bank’s rate path? PSG Chief Economist Johann Els explains.
29 Apr 3PM 11 min

Easter on a Budget: How South Africans Navigated the Fuel Spike

Lightstone Retail’s Mohit Narotam breaks down new mobility data showing how South Africans re‑engineered their Easter travel plans to beat one of the biggest fuel hikes in years. From early departures to shorter trips and smarter refueling
29 Apr 3PM 12 min