Petrol prices over R25 a litre – here’s how much more it will cost you to fill up in October
South African motorists are now paying almost R26 per litre to fill up their cars from Wednesday (4 October), with the cost of diesel and petrol climbing between R1.08 and R1.97 per litre.
Fuel prices have increased significantly since the start of the year, with petrol prices increasing by 20%. Diesel, meanwhile, has increased by 17.7%, despite consecutive cuts in the first half of 2023.
According to the Department of Mineral Resources and Energy, the increases for October are mainly attributable to rising international petroleum prices, while the rand depreciated against the US Dollar during the period under review, on average, compared to the previous period.
As of Wednesday, inland 95 octane petrol costs R25.68/l, while at the coast, it costs R24.96/l, factoring in the slate levy and other costs. Diesel 0.005% will cost R25.22/l, while at the coast, it costs R24.53/l
Notably, however, is that despite the upward pressure on fuel prices, the Minister of Mineral Resources and Energy approved a retail margin increase of 5.0 c/l to be effected in the retail price structures of all octane grades of petrol from last month, which he said is necessary to accommodate the wage increases of pump attendants, cashiers and administrative staff at service stations.
The pain of these increases will not only be felt at the pumps but at the grocery stores as well.
The AA said that the increases – especially diesel – will have negative consequences for consumers as higher input costs will be recovered through higher prices at the till.
“Motorists will feel the pinch in higher prices at the pumps, but consumers across the board can expect higher prices for goods and services,” it said.
The table below shows the latest pump prices as of October 2023.
| Inland | September Official | October Official |
| 93 Petrol | R24.14 | R25.22 |
| 95 Petrol | R24.54 | R25.68 |
| Diesel 0.05% | R23.05 | R25.02 |
| Diesel 0.005% | R23.28 | R25.22 |
The tables below show how much you pay to fill up your car’s tank with petrol and diesel inland in October compared to September 2023.
Petrol
| Tank size | 93 unleaded | Added cost | 95 unleaded | Added cost |
|---|---|---|---|---|
| 37 litres | R933.14 | +R39.96 | R907.98 | +R42.18 |
| 45 litres | R1 134.90 | +R48.60 | R1 155.60 | +R51.30 |
| 60 litres | R1 513.20 | +R64.80 | R1 540.80 | +R68.40 |
| 80 litres | R2 017.60 | +R86.40 | R2 054.40 | +R91.20 |
Diesel
| Tank size | Diesel 0.05% | Added cost | Diesel 0.005% | Added cost |
|---|---|---|---|---|
| 37 litres | R925.74 | +R72.89 | R933.14 | +R71.78 |
| 45 litres | R1 125.90 | +R88.65 | R1 134.90 | +R87.30 |
| 60 litres | R1 501.20 | +R118.20 | R1 513.20 | +R116.40 |
| 80 litres | R2 001.60 | +R157.60 | R2 017.60 | +R155.20 |
While it is impossible to accurately track exactly how much petrol you will consume due to traffic and road quality, it is possible to get a rough estimate of how these petrol prices will impact your current petrol allowance based on manufacturer estimates.
Below, BusinessTech looks at how much it will cost you to travel 100km right now in some of the country’s best-selling cars, as outlined by Naamsa.
Toyota Hilux 2.4GD-6 double cab Raider
- 7.1 litres/100km*
- R179/100km
- Change: +R15.41
Ford Ranger 2.0 SiT double cab
- 6.9 litres/100km*
- R174/100km
- Change: +R14.96
Toyota Corolla Cross 1.8 Xi
- 6.8 litres/100km
- R174.62/100km
- Change: +R7.75
Isuzu D-Max 1.9TD double cab
- 7.3 litres/100km*
- R184.10/100km
- Change: +R15.83
VW Polo Vivo hatch 1.4 Trendline
- 5.7 litres/100km
- R146.37/100km
- Change: +R6.49
Toyota Hiace 2.7 Ses-fikile 16-seater
- 14.3 litres/100km
- R367.22/100km
- Change: +R16.30
Toyota Starlet 1.5 Xi
- 5.4 litres/100km
- R138.67 132.52/100km
- Change: +R6.15
Suzuki Swift 1.2 GA
- 4.9 litres/100km
- R125.83/100km
- Change: +R5.58
Nissan NP200 1.6i safety pack
- 8.1 litres/100km
- R208/100km
- Change: +R9.24
Toyota Fortuner 2.4GD-6
- 6.8 litres/100km*
- R171.49/100km
- Change: +R14.75
*Indicates a car has a diesel engine.
All prices are estimates based on the manufacturer’s average fuel consumption per/100km.
The manufacturer’s least expensive double-cab, SUV, Crossover, and hatchback models were considered in each case. 95 octane (R25.68) and 0.05% diesel price (R25.02) as of October 2023 were used for comparison purposes.
Read: This is how much South Africans are spending on a new car right now
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