New record 1 month diesel price increase
- Moneyweb says Diesel fuel price shock sparks queues, local shortages and rationing. As Motorists rush ahead of R10.34 per litre increase as demand surges, while pipeline constraints and pricing ‘temptations’ tighten diesel availability. With the loomning fuel price shock you might wonder how it impacts our business of delivering boxed bicycles across the country. More below…
- The price of diesel will need to increase by R10.34 per litre to cover both the underrecovery of the past month and the increase in levies – a total increase of 56%, and new record increase in the price of diesel in one month. Now that is a fuel price shock of note.
- Businesstech says President Cyril Ramaphosa has told South Africans that the government is looking into ways to soften the blow of record-high fuel price hikes expected this week. maybe they should just do what NAMIBIA did – and absorb some of the impact of the fuel price shock.
- Brent crude has climbed from about $69 to over $115 a barrel, while the rand has weakened sharply against the US dollar, slipping from around R15.85 to above R17.00. Find the local and historical South African fuel price for petrol and diesel inland and coastal on the AA website at https://aa.co.za/fuel-pricing/
Rising inflation ahead
And IOL says about the Fuel price shock. Here’s how much you’re likely to pay for petrol and diesel from Wednesday, April 1. For everyday shoppers, the effect often manifests in higher prices for essentials like food and household goods, as the cost of moving products increases. Fuel price shock leads to a food price shock.
Unlike petrol, diesel is an unregulated fuel
Here is the Diesel price explained: How it’s set and why stations can hike early. The ‘BFP’ that determined the March fuel prices is R9.84 for 500ppm diesel. However, this looks set to rise to around R19.88 for April, as illustrated by the latest unaudited CEF data. In short. The BFP is the basic fuel price. From April 2026, the RAF and GFL taxes will collectively add R6.35 to the price of every litre of petrol or diesel sold in South Africa, an increase of 21 cents.
How does this impact YOU and ME?
Due to the unrest in the Middle East, the general fuel supply and prices are very unpredictable. This has a major impact on the availability and cost of fuel. Please note that fuel prices and availability may change at short notice. As the fuel price increases, we will also have to implement increases. These adjustments may take place on short notice. We will do everything within our ability to continue providing our clients with the best service and to keep increases to a minimum.
Thank you very much for your continued support.
*Fuel price shock and horror aside, this is still a happy business delivering boxed bicycles all around South Africa every single day. Because when we are outside and on our bicycles then we are happy, don’t you agree?
Now where can we send you boxed bicycle today?
