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South Africans welcome first fuel price cut in months

Tuesday 07 July 2026 - 12:00pm

By
Sello Lentsoane
NNA News Journalist Johannesburg, South Africa

A fuel attendant prepares to refuel a vehicle at a filling station in Johannesburg following South Africa's July fuel price adjustment. Photo Credit: Tumi Pakkies 

NNA News - South Africans are paying less for petrol and diesel following the first fuel price reduction in several months, after the Department of Mineral and Petroleum Resources lowered prices from 1 July. The adjustment follows several consecutive monthly increases that raised transport costs for households and businesses. While the latest reductions are modest, some motorists say they are beginning to ease pressure on their monthly budgets.

In Soweto, sales representative Thabo Mokoena said lower fuel prices would help reduce his commuting costs. "I spend a lot on fuel every month just getting to work," Mokoena said. "The saving isn't huge, but every little bit helps these days. It means I can use that money for something else at home." Boitumelo Molefe, who commutes daily between Katlehong and Johannesburg's central business district, said the reduction comes as households continue to face rising living expenses. "Things are just getting more expensive: rent, electricity, food, everything keeps going up," Molefe said. "Even a little saving on fuel every month makes a difference."

For delivery driver Hlengani Baloyi, based in Diepsloot, fuel remains one of the highest operating costs. "When prices go up, I feel it straight away because I'm on the road every day," Baloyi said. "This drop means I can keep a bit more of what I earn instead of putting it back into the tank." Residents also said lower fuel costs could provide greater flexibility in household spending. Alexandra resident Nokukhanya Gqirana said savings at the fuel pump could be redirected towards other essential expenses. "Sometimes it's the small savings that make the biggest difference," Gqirana said. "If I spend less on fuel, I can buy bread, milk or something the kids need." Small business owners said the adjustment could also help reduce operating costs.

Electrician Kgaogelo Mashabela, who travels across Johannesburg to service clients, said fuel accounts for a significant share of his daily expenses. "If I spend less on fuel, it's easier to keep my business running without constantly raising my prices," Mashabela said. Ivory Park grocery shop owner Collins Ncube said transport costs affect the price of stock purchased from wholesalers. "I drive to the wholesalers every week, so fuel is always part of my costs," Ncube said. "If I can save a bit there, it makes running the shop a little easier."

 

A fuel attendant stands beside petrol pumps at a filling station in South Africa following the July fuel price reduction. Photo Credit: Sphiwe Sibeko

Public transport operators also welcomed the reduction. Lindokuhle Mkhize, who operates a minibus taxi route between Vosloorus and Johannesburg's central business district, said lower fuel prices would help offset rising maintenance costs. "Fuel has been killing us for months," Mkhize said."Servicing, tyres and spare parts, they all cost more now. So even though this isn't a big drop, we'll take some relief." Truck hire business owner Mpho Ramaila, based in Jet Park, said lower diesel prices would assist freight operators as business activity recovers following recent disruptions. "We are happy diesel has come down because fuel is one of our biggest costs," Ramaila said. "Now we need business activity to recover so companies start moving goods normally again."

Business analyst Raymond Rutendo Mafunga said lower fuel prices could gradually ease inflationary pressure by reducing transport and distribution costs, although the overall effect would continue to depend on international oil prices and movements in the rand exchange rate. "When fuel becomes cheaper, businesses receive some relief, and over time consumers can also benefit through lower costs," Mafunga said.

TOPICS: South Africa, fuel prices, petrol, diesel