Getting towards empty
  • The price of petrol – for 95-octane in Gauteng – has decreased by 68c per litre to R19.61 for January.
  • 32% of that goes to various taxes, mostly the general fuel levy and funding for the Road Accident Fund.
  • The actual basic fuel price, without those taxes, the cost of distribution, and margins for retailers and wholesalers, is R9.04.
  • Here is what goes into the fuel price for January 2022.
  • For more stories go to

* This article has been updated.

The price of petrol is down by 68c a litre to R19.61, effective from 5 January.

That is what you will pay for 95-octane petrol in Gauteng. Unleaded 93 is 25c cheaper inland.

The various taxes bundled into the petrol price comes to R6.25 per litre. For January, that represents 32% of the pump price for inland 95.

The price of the petrol itself, known as the basic fuel price or BFP, is at R9.03, or 46% of the total price at the pump.

The remainder is made up of a dealer margin, now at 11.67% of the total, a further wholesale margin of 2.78%, and charges related to handling and storage.

The taxes are made up of:

  • The general fuel levy, now at 20% of the total price
  • The Road Accident Fund levy, now at 11% of the total price
  • The Demand Side levy to discourage 95-octane use inland, at 0.5%
  • And customs and excise taxes of 0.2%

Here is what makes up the petrol price for January.

January petrol price breakdown

* This article was first published in October 2021, and updated monthly since with new price information.

(Compiled by Phillip de Wet)

Get the best of our site emailed to you every weekday.

Go to the Business Insider front page for more stories.