The National Treasury says no further fuel levy relief measures are expected as government moves to rebalance the country’s finances.
The temporary levy reductions were introduced to shield consumers from sharp fuel price increases triggered by instability and conflict in the Middle East.
However, Treasury has now indicated that the relief measures will gradually be phased out over the coming months.
The decision is expected to place additional financial pressure on motorists and businesses, particularly as diesel prices in some parts of South Africa have already climbed above R30 per litre.
Economists have warned that rising fuel costs could further drive inflation and increase transport and operating costs across multiple sectors of the economy.
Higher fuel prices are also expected to impact the cost of goods and services, with concerns mounting over the potential effect on already strained household budgets.