South Africa: Mantashe Informs Parliament No Immediate Plan for Fuel Cost Relief

Government has no immediate plan to help cushion households and businesses from rising fuel prices, Mineral and Petroleum Resources Minister Gwede Mantashe has told Parliament. Mantashe was responding to a written question from MK Party MP Adil Nchabeleng, who asked what urgent steps the department had taken to ease the impact of rising fuel costs. Mantashe said there are currently no interventions planned, citing ongoing volatility in international fuel prices, and said the department continues to set fuel prices transparently, as required by law. Follow us on WhatsApp | LinkedIn for the latest headlines He pointed instead to longer-term work already under way. The department has reviewed the Basic Fuel Price component of the pricing structure, and is separately reviewing the Regulatory Accounting System, used to calculate the margins that make up part of the price you pay at the pump. "This review forms part of the Department's APP and will be concluded in March 2027," Mantashe said, referring to the department's Annual Performance Plan. Mantashe also said the department is proposing changes to how something called the slate levy is administered, aimed at making sure fuel supply continues without interruption for as long as the current conflict in the Middle East lasts. This comes as South African motorists could be facing record fuel prices next month. Early Central Energy Fund figures suggest petrol could rise by R2.02 to R2.14 a litre in October, with diesel increasing by R1.71 to R2.05 a litre, depending on the grade. Read the original article on Scrolla . AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals , representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica . To address comments or complaints, please Contact us . AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 90 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. Get the latest in African news delivered straight to your inbox By submitting above, you agree to our privacy policy . We need to confirm your email address. To complete the process, please follow the instructions in the email we just sent you. There was a problem processing your submission. Please try again later.