Lower Fuel Prices Will Not Lift Heavy Debt Burden For South Africans In 2026

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lower fuel prices will not lift heavy debt burden for south africans in 2026

It is good news that the fuel price is decreasing tonight, but for most South African consumers this will not make a significant difference, as they are so deep in debt and have so little income that they will go into 2026 with the same despair they had a year ago.

Minister of mineral and petroleum resources, Gwede Mantashe, announced earlier this week that the price of petrol and diesel will decrease, but while this is welcome news, the reality is that motorists will still need to fork out over R20.00 per litre for both 93 and 95 Unleaded petrol at the pumps.

The decrease of 66 cents per litre for Unleaded 93 brings the price down to R20.64, while motorists filling up with 95 Unleaded will pay R20.75 per litre. The price of diesel dropped from R20.00 to R18.52.

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