diesel prices

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Business / Economics

December Fuel Prices Set to Rise

The Ministry of Industries, Mines and Energy has confirmed a 21-cent-per-litre increase for petrol and both diesel types starting later this week. In Walvis Bay, petrol will cost N$20.58 per litre, 50ppm diesel N$20.13, and 10ppm diesel N$20.23. Diesel under-recoveries will be absorbed by the National Energy Fund. The Ministry’s Anna Salkeus stressed the importance of balancing cost recovery with consumer protection while ensuring steady fuel supply, wishing residents a safe and prosperous holiday season. 

today1 December, 2025

Africa

Angola fuel price protests erupt in violence

Photo: Reuters Angola Protests in Angola’s capital over a 33% diesel price hike on 1 July escalated into violence on 28 July. The government’s subsidy cuts, aimed at reducing fiscal burdens, sparked unrest—including looting, street blockades, and clashes with police. Reuters reports that at least four people were killed, including a police officer, and more than 500 arrested as police used tear gas, smoke grenades, and gunfire into the air […]

today29 July, 2025

Business / Economics

Relief for motorists as fuel prices remain unchanged

Ministry of Industries, Mines, and Energy building Motorists can breathe a sigh of relief after the Ministry of Industries, Mines, and Energy announced that fuel prices will remain unchanged for May 2025. Following its monthly fuel price review, the Ministry recorded over-recoveries of 13.36 cents per litre for petrol, 17.39 cents per litre for diesel 50ppm, and 25.83 cents per litre for diesel 10ppm. These over-recoveries have enabled the Ministry […]

today28 April, 2025

Business / Economics

Relief for motorists as the Ministry of Mines and Energy announces fuel reduction

The Ministry of Mines and Energy has announced that petrol prices will decrease by 80 cents per litre,  diesel with 50ppm will decrease by 60 cents per litre and diesel 10ppm will decrease by 70 cents per litre. The changes come into effect on Wednesday 3 July 2024. Cirrus Capital economist Robert McGregor says despite the decreases we face for July, the fuel prices for both diesel and petrol are […]

today1 July, 2024

South Africa

South Africa’s Automobile Association forecasts notable reductions in fuel prices come June

South Africa's Automobile Association forecasts notable reductions in fuel prices come June. According to preliminary data from the country's Central Energy Fund, it's anticipated that 95-octane petrol will decrease by approximately 61 cents per liter, while 93-octane petrol will see a drop of around 63 cents. Diesel prices are expected to dip by about 74 cents per liter. The association attributes these potential decreases primarily to a stronger rand and […]

today16 May, 2024

Business / Economics

S.A’s Central Energy Fund’s mid-month data predicts petrol prices to increase for the fourth consecutive month in May

S.A's Central Energy Fund's mid-month data predicts petrol prices to increase for the fourth consecutive month in May, with an anticipated under-recovery of around 30-cents-per-litre. However, diesel prices are expected to decrease, with an over-recovery of approximately 28-cents-per-litre. The anticipated increase sees 93 octane petrol rising by 30-cents-per-litre and 95 octane by 31-cents-per-litre. Meanwhile, diesel wholesale is expected to have a decrease of 26 to 31-cents-per-litre

today16 April, 2024