Klerksdorp Record, Klerksdorp - The fuel price adjustment this week announced by the Department of Mineral Resources and Energy, effective from midnight on Wednesday February 4 brought another blow to both motorists and fuel station operators.
Petrol prices have surged by 82c per litre for both 93 and 95 ULP & LRP, while diesel prices have increased by R1,05 per litre for 0.05% sulphur content and R1,01 per litre for 0.005% sulphur content. Illuminating paraffin and LPG have also seen steep hikes, with prices rising by 97c per litre and 42c per kilogram respectively.
According to Henry van der Merwe, Chairman of the South African Petroleum Retailers Association (SAPRA), the impact is a “lose-lose situation” for fuel retailers and consumers alike.
“When the fuel price increases, motorists naturally adapt by driving less and planning trips more carefully, which significantly reduces sales volumes for service stations,” he explained.
“Even stations that buy on consignment don’t benefit from these changes. It’s a tough environment where station owners often face shrinking margins.”
Van der Merwe noted that rising fuel prices can lead to a ripple effect across other sectors, pushing up the cost of goods and services due to increased transportation expenses. “The long-term solution lies in continued engagement with industry stakeholders and government to find ways of mitigating the impact of these price adjustments on consumers and retailers alike,” he concluded.
SAPRA encourages motorists to continue maintaining safe driving practices and careful planning to reduce fuel consumption.
